The coolest way to buy modern art right now

Ten contemporary artists, ten custom record players. This is one fine art auction you should absolutely bid in

Here’s the good news for you: investing in art has never been so easy – or so of the moment. And the bad? It’s a habit that can get addictive. Your walls may soon be strewn with tasteful strokes, splashes and neon graphics, while your wallet will be left feeling a whole lot lighter.

But, this week you can spend your hard-earned cash in a way that could have you heading home with a unique piece of modern art from a top contemporary artist – and with the nice warm glow of charitable benevolence, to boot.

Secret 7’’, the charity record company, has teamed up with East London development project, Greenwich Peninsula, to hold Planar 1/1, an exclusive auction of 10 unique Rega turntables created by top flight contemporary artists including Gavin Turk, Jeremy Deller and Jake & Dinos Chapman. Hosted online from now until 12 September, the proceeds of the auction will all go to Mind, the mental health charity.

For the auction, 10 notable contemporary artists were commissioned to create their own interpretations of plain white Rega turntables. The results are suitably dramatic, ranging from Turner Prize winner Jeremy Deller’s design (him of infamous poster ‘Strong and stable my arse’ fame), which has scattered the turntable with neolithic arrowheads, to graphic artist Jean Jullien’s colourful cartoon character, and Mind ambassador Stuart Semple’s turntable, which nods to Joy Division.

Current bids range from £500 to £2,500, so you could well be in for pocketing a considerable fine art bargain. The 10 turntables are on display at the Ace Hotel, Shoreditch, for the duration of the auction, and there’ll be a closing party on the final day, too; with special DJ sets from some of the artists featured in the sale, including Gavin Turk and Pete Fowler. To put your name down, simply email with the subject line PLANAR1/1 UNDER THE HAMMER.

All that’s left to say? Happy bidding.

Auction closes 9m on 12 September.