It’s a concept that takes Warhol one bold step further: Receive $100,000 in prize money, and instead of spending it, tack 100,000 used $1 bills to the walls of a museum.

But the notion that, as Warhol, the man who painted “200 One Dollar Bills,” once said, “making money is art” is exactly what Hans-Peter Feldmann, the German artist who was awarded the $100,000 Hugo Boss Prize in November, does not want art lovers to think next month when they step into a large gallery off the Frank Lloyd Wright ramp of the Guggenheim Museum in New York and see a room covered floor to ceiling with 100,000 $1 bills.

“I’m 70 years old, and I began making art in the ’50s,” Mr. Feldmann said in a telephone interview from his studio in Düsseldorf. “At that time there was no money in the art world. Money and art didn’t exist. So for me $100,000 is very special. It’s incredible really. And I would like to show the quantity of it.”

Describing the installation as “a big statement,” Mr. Feldmann said “it would be a pity” if people think that the exhibition is crass, or that he is thumbing his nose in some way at the prize or the money or the Guggenheim. “I am not at all against the museum,” he said. “It’s great that they have agreed to do this. It is a bit out of the norm.”

The Hugo Boss Prize, established in 1996 by the Solomon R. Guggenheim Foundation and named for the German men’s wear company that sponsors it, is given every two years for significant achievement in contemporary art. The winner is awarded not only $100,000 but also an exhibition, which this year runs from May 20 through Nov. 2. Mr. Feldmann is the oldest artist to win the prize, which is generally given to emerging professionals. At the time of the announcement last year the jury of art professionals defended its decision, saying that Mr. Feldmann epitomized the best of contemporary art right now.