Sale: 553 / Contemporary Day Sale, June 07. 2024 in Munich Lot 212.40

 

212.40
Ólafur Elíasson
Your body as eye, 2009.
Video performanceWood, mirror, steel, projectio...
Post auction sale: € 15,000 / $ 16,200
+
Your body as eye. 2009.
Video performanceWood, mirror, steel, projection screen, projector, DVD-player, DVD kaleidoscope, 4 : 3 PAL DVD.
Object's dimensions: 171 x 58 x 203 cm (67.3 x 22.8 x 79.9 in). With projection ca.: 171,5 x 58,5 x 205
Functioning. [AR].
• Digital recording of illuminated hands moving in slow-mo and infinitely multiplied by Elíasson's caleidoscope.
•The artistic examination of light reflections, mirrorings and other optical phenomena is a key element of Ólafur Eliasson's versatile and experimental creation.
• He is among the most important and most influential contemporary artists.
• With projects such as the artificial sun in the turbine hall at Tate Modern or the waterfall under Brookly Bridge in New York, the artist surprises his audience time and again.
• This work was part of the grand solo show at the 21st Century Museum of Contemporary Art, Kanazawa, Japan in 2009-2010
.

Accompanied by a signed certificate issued by Galerie Neuger-Riemschneider, Berlin, January 2011.

PROVENANCE: Galerie neugerriemschneider, Berlin.
Private collection Spain (acquired from the above in 2010).

EXHIBITION: Olafur Eliasson. Your chance encounter, 21st Century Museum of Contemporary Art, Kanazawa, Japan, November 21, 2009 - March 22, 2010 (with illu.) .

Ólafur Eliasson, interview, Designboom online, February 16, 2015.

The Danish-Icelandic artist Ólafur Elíasson, who is considered one of the most influential representatives of contemporary art today, continues to enthrall his international audience with ever new projects. His best-known works include the artificial sun in the Turbine Hall at Tate Modern, London, and the waterfall under the Brooklyn Bridge in New York. He founded the ‘Institute for Space Experiments’ in Berlin as early as in 2009, a place where he and his team carry out artistic research in various natural phenomena which they then implement in their art in an incomparable way. The investigation into light reflections and other optical phenomena is one of his central themes and can be found in many versatile and experimental works by the artist. This is also the case with "Your body as eye", where the reference to this subject area can be clearly recognized. Digital recordings of brightly lit hands in front of a dark background are multiplied to infinity in an over-sized kaleidoscope with the help of a self-developed apparatus. For this purpose he mounts an elongated cube lined with mirrors on a wooden table and uses a sophisticated system to project the recordings, which are played back as a loop, onto the reflecting surfaces. The work was first shown in the artist's major solo exhibition at the 21st Century Museum of Contemporary Art in Kanazawa, Japan in 2009/2010.[AR]



212.40
Ólafur Elíasson
Your body as eye, 2009.
Video performanceWood, mirror, steel, projectio...
Post auction sale: € 15,000 / $ 16,200
+

 

Buyer's premium, taxation and resale right compensation for Ólafur Elíasson "Your body as eye"
This lot can be purchased subject to differential or regular taxation, artist‘s resale right compensation is due.

Differential taxation:
Hammer price up to 800,000 €: herefrom 32 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 27 % and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 22 % and is added to the premium of the share of the hammer price up to 4,000,000 €.
The buyer's premium contains VAT, however, it is not shown.

Regular taxation:
Hammer price up to 800,000 €: herefrom 27 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 21% and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 15% and is added to the premium of the share of the hammer price up to 4,000,000 €.
The statutory VAT of currently 19 % is levied to the sum of hammer price and premium. As an exception, the reduced VAT of 7 % is added for printed books.

We kindly ask you to notify us before invoicing if you wish to be subject to regular taxation.

Calculation of artist‘s resale right compensation:
For works by living artists, or by artists who died less than 70 years ago, a artist‘s resale right compensation is levied in accordance with Section 26 UrhG:
4 % of hammer price from 400.00 euros up to 50,000 euros,
another 3 % of the hammer price from 50,000.01 to 200,000 euros,
another 1 % for the part of the sales proceeds from 200,000.01 to 350,000 euros,
another 0.5 % for the part of the sale proceeds from 350,000.01 to 500,000 euros and
another 0.25 % of the hammer price over 500,000 euros.
The maximum total of the resale right fee is EUR 12,500.

The artist‘s resale right compensation is VAT-exempt.