Olafur Eliasson
The Waterfall Series
Found at
Sothebys,
New York
Selected Works from the Neuberger Berman and Lehman Brothers Corporate Art Collections, Lot 25
25. Sep - 25. Sep 2010
Selected Works from the Neuberger Berman and Lehman Brothers Corporate Art Collections, Lot 25
25. Sep - 25. Sep 2010
Estimate: 60.000 - 80.000 USD
Price realised: 458.500 USD
Price realised: 458.500 USD
Description
Olafur Eliasson
B.1967
THE WATERFALL SERIES
color toned monochrome and black and white photographs, in 50 parts
Each: 15 by 10 1/4 in. 38.1 by 26 cm.
Executed in 1996, this work is number 3 from an edition of 3, plus 1 artist's proof.
Bonakdar Jancou Gallery, New York | Acquired by the present owner from the above in November 1998
B.1967
THE WATERFALL SERIES
color toned monochrome and black and white photographs, in 50 parts
Each: 15 by 10 1/4 in. 38.1 by 26 cm.
Executed in 1996, this work is number 3 from an edition of 3, plus 1 artist's proof.
Bonakdar Jancou Gallery, New York | Acquired by the present owner from the above in November 1998
Artwork auctioned at five times the upper estimate price
The work The Waterfall Series by Olafur Eliasson was worth USD 458,500.00 (€ 337,107.57) to a buyer in September 2010. This price was achieved in the auction Selected Works from the Neuberger Berman and Lehman Brothers Corporate Art Collections at Sothebys in New York and exceeded the previously set upper estimate of USD 80,000.00 many times over. However, buyers have had to dig much deeper into their pockets for other works by Olafur Eliasson - we have observed the highest auction result to date for the work Fivefold Eye, which sold at auction in October 2007 for GBP 748,500.00 (€ 1,074,895.25).
Kunstwerk zum Fünffachen des oberen Schätzpreises versteigert
Die Arbeit The Waterfall Series von Olafur Eliasson war einem Käufer im September 2010 USD 458.500,00 (€ 337.107,57) wert. Dieser Preise wurde in der Auktion Selected Works from the Neuberger Berman and Lehman Brothers Corporate Art Collections bei Sothebys in New York erzielt und übertraf den zuvor angesetzten oberen Schätzpreis von USD 80.000,00 um ein Vielfaches. Für andere Arbeiten von Olafur Eliasson mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Fivefold Eye beobachtet, die im Oktober 2007 für GBP 748.500,00 (€ 1.074.895,25) versteigert wurde.
Olafur Eliasson - Auction history
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