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Marcel Duchamp "Obligation Monte Carlo" original lithograph | Monte Carlo Bond
Marcel Duchamp Obligation Monte Carlo original lithograph bond

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Item Code: 820

Medium: original lithograph. Also called "Monte Carlo Bond". A fine impression on wove paper, printed in 1938 for XXe Siecle (the very rare Christmas Issue No. 4) in an edition of approximately 1200 and published in Paris by San Lazzaro. Sheet size 12 1/2 x 9 1/8 inches (320 x 230mm). Signed in the plate (not by hand).

The fine print in the background reads, "moustiques domestiques demistock"; literally, half-priced mosquitos, reflecting Duchamp's whimsical sense of humor and his love of word-play. In the center is the famous portrait of Duchamp taken by his friend Man Ray. There has been much debate over this: is the artist wearing shaving cream or soap? And the "horns" on his head have been given various interpretations. On back of the sheet is printed the rules and instructions for actually redeeming the bond.

This work has acquired a certain cult status among twentieth century prints. However, it was first created not so much for the sake of art but rather as a get-rich-quick scheme whereby Marcel Duchamp could raise money by issuing bonds, and then "break the bank" at the roulette wheels of Monte Carlo. The first appearance of this piece was the actual edition of bonds, printed in 1924. Very few of the original 1924 bonds were printed and almost none have survived; one can be found in the permanent collection at the Museum of Modern Art, donated to the museum by the artist; another was auctioned by Christie's in 2010 for over one million dollars. The version we offer here was executed by Duchamp as a lithographic recreation of bond number 12, and was issued in 1938 for the XXe Siecle edition, and has since become very scarce and highly sought after.

Condition: in fine condition, with the pinholes from the publisher's original binding along the left edge of the sheet and printed text instructions on the back for redeeming the bond (see photos) -- both of these features demonstrate the provenance of the piece.