Central St Martins graduate Penny creates papercuts with dizzying levels of detail. His first solo exhibition, Economy of Scale, will be at Rook and Raven in Soho, London next month.

Penny's process is intensely laboured, sometimes taking hundreds of hours to cut every elaborate detail. The artist creates highly technical, intricately detailed, hand-cut stencils, which he brings to life with colours and layering.

According to the organisers, Penny’s first major display of work will make wry reference to everything from religion, the Renaissance and the Victorian era. A pick-and-mix Penny Shop, where a selection of smaller-scale works will be on sale alongside the main body of work.

The artist's work includes pieces created from on uncut sheets of dollars, sourced directly from the Federal Reserve. Here's the blurb:

'Economy of Scale is itself a paradigm, showcasing small stencils, big ideas and the notion that currency itself can become a work of art, which in turn becomes more valuable when altered. After all, the devil is in the detail.'

Here are some shots of the artist's creative process, and the level of work involved.

And here's a few studio shots for good measure.

Economy of Scale opens to the public on the May 18 through to June 21 2012.