The Tax Courts found that the Sotheby’s specialist “had a significant conflict of interest.” The fact that Sotheby’s is an auction house significantly hurt the Estate’s case. The executor then submitted the specialist’s appraisal with their estate tax reports.
A Sotheby’s specialist examined the two paintings, evaluated them for $500,000 and $100,000 respectively, and offered to have Sotheby’s sell the works at auction. Two Old Master PaintingsThe Estate of Kollsman possessed two 17th Century Old Master paintings, one created by Pieter Brueghel the Younger and the other by either Jan Brueghel the Elder, Jan Brueghel the Younger, or a Brueghel studio. However, it was found that the expert’s valuations were “lowballed” in order to secure the future sale of the works. What went wrong? The Estate expected a Sotheby’s auction house specialist would satisfy the IRS’s appraisal requirements. Commissioner, the Tax Court found that the evaluation used for the Estate's taxes was off by $1.77 Million. Possibly the last video you'll ever need.If the IRS determines that you gave them a misleading appraisal report, expect to pay. Limited edition, so get it while you can.
There's really nothing else like this out there. It takes his Thursday Afternoon video concept to the next level, made possible byĬurrent computer technology.
Let them selves get lost in the work for much longer periods of time, even hours. Listen and watch for a few seconds or a minute and those who will sit mesmerized and In fact Eno has noticed two types of people at his installations, those who will I can't help but rate this as essential even though it's not for those who are easilyīored. Interesting if you could crank it up more to the kind of speed you can get with someįractal generators, but I guess the whole point is subtelety. You do get active speed control,īut it's hard to see the difference between the slowest and fastest. The image morphing flows at almost a glacial pace. That would be something to experience live. Installation with an array of multiple screens of varying sizes, showing varying states of Pictures in the booklet, it comes in a hard cover book format, that show the piece in an If you can hook your computer (works on MacĪnd PC) up to a high definition TV, you'll get the most out of this experience. YouĬan run this perpetually and never get the same exact image twice, although it is made
77 million is a very conservative estimate of all the possibilities. The base set of images are taken from over 300 "hand" drawing made by Eno, himself. Stream of morphing images combined with a slow and steady stream of morphing The actual piece itself is a computer program that generates a slow and steady That has Eno explaining this piece at the beginning and then is filled up with a captureįrom it. Play this on a conventional DVD player, although there is a 33 minute DVD disc included Had to sum up this video in words those two lines borrowed from progressive song lyricsĬome close to summing up this experience.Įno has made one of his audio/visual installations that you can play at home. Turn off your mind relax and float down-stream, you'll see perpetual change.
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