PYRAMID DOLLAR

The launch of the Pyramid Dollar (P$) marks the first time that shares in a single artwork, Pyramid Mountain, are being issued. This work, which was conceived by Ingo Niermann in 2010 and subsequently transferred to Erik Niedling, is a concept for the largest burial site and pyramid of all time: a pyramid, chiseled from a mountain and at least 200 meters high, within which Niedling will be interred, after which the pyramid is itself buried under the excavated material and the mountain restored to its original shape. The issue price of the Pyramid Dollar doubles each successive year. In the first year (2015 AD) it is 1 P$ for 1 g gold, in the second (2016 AD) 1 P$ for 2 g gold, in the third (2017 AD) 1 P$ for 4 g gold, etc.