In 2006, Daws hired metalsmiths to make a mold of a 1970 U.S. penny and cast it in 18-karat gold. He then hired another metalsmith to copper plate it. Wanting to see how it would age, he carried the sculpture in his pocket for six months, during which time it developed a brown patina just like an ordinary penny. On March 28, 2007, Daws intentionally put the 'penny' in circulation at
Los Angeles International Airport. It was discovered in Brooklyn two and a half years later by Jessica Reed, a graphic designer and coin collector. Reed noticed it while paying for groceries at a Greenpoint C-Town. It seems that either the copper plating had begun to wear off, revealing the gold underneath, or it had oxidized in such a way as to give it a golden tint. Either way, it caught Reed's eye and she held on to it. Reed carried the 'coin' in a change purse for months before doing a quick Internet search for "gold penny 1970." Within minutes she was directed to the website of Daws's Seattle art dealer, the Greg Kucera Gallery. There she read a copy of a 2007 press release that described the sculpture as being a little smaller than a real penny, and almost twice as heavy. Reed measured it and weighed it. In disbelief, she contacted the Kucera Gallery, and was put in touch with Daws. After a brief telephone conversation Daws confirmed that she had discovered the
Counterfeit Penny sculpture. Jennifer 8. Lee of the
New York Times wrote: "Most counterfeiting takes something that is nearly worthless and turns it into something perceived to have value. Mr. Daws did just the opposite. He took value – approximately $100 worth of gold – and turned it into something perceived as nearly worthless, one cent." == Awards/collections ==