This is from my most recent article on OhmyNews.com:
Nelson Diaz, an artist in New York’s SoHo neighborhood, has announced that he will auction a series for paintings with starting bids of a $1 each. Beginning June 15, 2008, the prominent painter will put “Self Portrait with Pipe, 2008,” rendered in his signature mathematical style, on eBay with the goal making art affordable and widely available.
Diaz made this decision shortly after seeing a painting by Francis Bacon fetch $86 million at an auction conducted by Christie’s in New York on May 14, 2008. With art prices getting out of control, Diaz has decided to fight back.