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No Money but a Noney

The Exchanghibition Bank is not the first to issue Zero Banknotes. A while ago we discovered the Zero banknotes used in India to battle corruption, and now we also found the Noney.

Not the Noney, meaning ‘a ditsy female used for male pleasure’, as used in British slang, but a seemingly short-lived project involving a different kind of currency, with each note being a hand-drawn, hand-printed and hand-signed piece of art. In 2003, Noney entered circulation with the majority of its 10,000-note supply distributed through several release events in Providence, Rhode Island.

As stated on the website: ‘each Noney note has the same denomination: zero. This doesn’t mean each note has no value… just relative value. There’s no fixed exchange rate or location of operation. Noney’s worth as both art and currency is something to negotiate through each individual transaction, anywhere.’

We could find very little about it online, but maybe someone reading this blog has had experience with spending a Noney?

We still haven’t found any other Infinite banknotes though :-)

(Thanks to Stephanie Rearick for the Noney link)

5 thoughts on “No Money but a Noney

  1. I was just digging through the archives that others may call the mess in my office and I found three noney bills that I had not spent years ago when it was circulating through bars, galleries, and restaurants in Providence, RI. I usually got them as change at AS220, an arts collaborative that provides studios, classes, gallery space, and performance space for local artists. They also run a bar and restaurant. For a while the bartender there would offer the option to receive one's change in dollars or noney bills (one noney in place of one dollar). I liked the concept, and it was a great conversation piece every time I got together with friends downtown. It was a little sad to spend, but I wanted to keep it circulating. Eventually people started to want them more, so friends would buy me a pint if I'd give them one noney. I was so thrilled to find my three lost bills that I came online and searched to see if anything was still happening with it. That's how I found this two-year-old post. Seems it is a matter of history now.

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