Olafur Eliasson
Horizon study (orange)
Estimate: 6.000 - 8.000 GBP
Price realised: 10.838 GBP
Price realised: 10.838 GBP
Description
OLAFUR ELIASSON (B. 1967)
Horizon study (orange)
2011
numbered 14 and inscribed 100920-Progression studies-positive NR8; signed and dated 2011 on the reverse
watercolour and pencil on paper
31 by 40.7 cm.
12 3/16 by 16 in.
Acquired directly from the artist by the present owner in 2014
Horizon study (orange)
2011
numbered 14 and inscribed 100920-Progression studies-positive NR8; signed and dated 2011 on the reverse
watercolour and pencil on paper
31 by 40.7 cm.
12 3/16 by 16 in.
Acquired directly from the artist by the present owner in 2014
Upper estimate price exceeded by 35 %.
In March this year Bonhams held the auction Post-War & Contemporary Art, which included the work Horizon study (orange) by Olafur Eliasson. The »bidding war« ended at GBP 10,837.50 (€ 12,329.75), 35% above the upper estimate. Of course, this price has nothing to do with the top prices that other works by Olafur Eliasson achieve. The highest price we have observed so far was reached by the work Fivefold Eye in October 2007 with an auction result of GBP 748,500.00 (€ 1,074,895.25).
Oberer Schätzpreis um 35 % übertroffen
Im März diesen Jahres führte Bonhams die Auktion Post-War & Contemporary Art durch, in der auch die Arbeit Horizon study (orange) von Olafur Eliasson zur Versteigerung kam. Das »Bietergefecht« endete beim Preis von GBP 10.837,50 (€ 12.329,75) und damit 35% über dem oberen Schätzpreis. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Olafur Eliasson erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Fivefold Eye im Oktober 2007 mit einem Auktionsergebnis von GBP 748.500,00 (€ 1.074.895,25).
Olafur Eliasson - Auction history
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