{"product_id":"alex-schaefer-devaluation-10","title":"Alex Schaefer | Devaluation: $10","description":"\u003cp\u003eAlex Schaefer \u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eDevaluation: $10\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e8 by 18 inches\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003eoil on canvas\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e$2100\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan\u003e2026\u003c\/span\u003e\u003c\/p\u003e\n\u003cdiv class=\"rte\"\u003e\n\u003cp\u003e\u003cspan\u003e (born 1969) is an American artist, painter, activist, and educator. He is a notable figure in the Los Angeles contemporary art \u003c\/span\u003e\u003cspan\u003escene, and has received widespread coverage regarding his series of paintings depicting real-world branches of various banks\u003c\/span\u003e\u003cspan\u003e on fire\u003c\/span\u003e\u003ci\u003e.\u003c\/i\u003e\u003c\/p\u003e\n\u003cp\u003eSchaefer's work has been shown at galleries around California, including the \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Charlie_James_Gallery\" title=\"Charlie James Gallery\"\u003eCharlie James Gallery\u003c\/a\u003e, the \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Pasadena_Museum_of_California_Art\" title=\"Pasadena Museum of California Art\"\u003ePasadena Museum of California Art\u003c\/a\u003e, and the \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Bergamot_(arts_center)\" title=\"Bergamot (arts center)\"\u003eBergamot Station Arts Center\u003c\/a\u003e.\u003c\/p\u003e\n\u003cp\u003eThe artist has received attention for his series of oil paintings portraying various banks in the Los Angeles area on fire, done \u003ci\u003e\u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/En_plein_air\" title=\"En plein air\"\u003een plein air\u003c\/a\u003e\u003c\/i\u003e in front of the buildings themselves. Much of the work in the series focuses on branches of \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Chase_Bank\" title=\"Chase Bank\"\u003eChase Bank\u003c\/a\u003e, though other banks such as \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Bank_of_America\" title=\"Bank of America\"\u003eBank of America\u003c\/a\u003e and \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Wells_Fargo\" title=\"Wells Fargo\"\u003eWells Fargo\u003c\/a\u003e have been depicted as well. The subject matter, as well as his presence near the buildings that he paints, has resulted in Schaefer being questioned by law enforcement at several instances. He began the series in 2009, with the most publicized being painted in front of a Chase Bank in the \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Van_Nuys\" title=\"Van Nuys\"\u003eVan Nuys\u003c\/a\u003e neighborhood of Los Angeles in 2011.\u003c\/p\u003e\n\u003cp\u003eIn July 2012, Schaefer was arrested after creating chalk drawings on the sidewalk outside of a Chase Bank in Los Angeles. He spent twelve hours in jail on a misdemeanor vandalism charge.\u003c\/p\u003e\n\u003cp\u003eSchaefer has previously sold paintings in his Banks on Fire series, with one painting fetching upwards of $50,000. The series has also attracted attention from those active in the \u003ca href=\"https:\/\/en.wikipedia.org\/wiki\/Cryptocurrency\" title=\"Cryptocurrency\"\u003ecryptocurrency\u003c\/a\u003e community, members of which Schaefer says are drawn to the imagery of traditional financial institutions on fire, and who have been the source of some of his sales of the series.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003chr class=\"hr--clear hr--small\"\u003e\n\u003cdiv class=\"collection-filter\"\u003e\u003cbr\u003e\u003c\/div\u003e\n\u003cp\u003e \u003c\/p\u003e","brand":"Mortal Machine Gallery","offers":[{"title":"Default Title","offer_id":42783554306133,"sku":null,"price":2100.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0071\/4833\/9315\/files\/LoRes10Dollar_alexschaefer_8by18_oiloncanvas_2026.jpg?v=1785013709","url":"https:\/\/mortalmachinenola.com\/products\/alex-schaefer-devaluation-10","provider":"Mortal Machine Gallery","version":"1.0","type":"link"}