Page 8 - IAV Digital Magazine #524

iAV - Antelope Valley Digital Magazine
‘Invisible Sculpture’ By Italian Artist Sells For $18,300
Hong Kong Parking Space Sells For $1.3M, Sets New World Record
By
Ben Hooper
June 4 (UPI) -- A parking space in an affluent Hong Kong neighbor- hood sold for $1.3 million -- a new world record.
The parking space at the luxury Mount Nichols
foot. residential project
was sold by Wharf Holdings Ltd. and Nan Fung Group sold for a total $1.3 million to an unidentified buyer.
The price for the 134.5-square foot parking space amounts to about $9,500 per square
The sum beat
the previous world record for the most expensive parking spot: a $969,000 space sold at the 79- story Hong Kong office tower The Center in October 2019
Salvatore Garau, a 67-year-old Italian artist, auc- tioned an “imma- terial sculpture” — as the artwork does not exist — for $18,300 (Rs 13,33,459.70).
Titled Lo
Sono (which translates to “I am”), the work finds significance in its nothing- ness, Garau told Spanish news outlet Diario AS. “The vacuum is nothing more than a space full of energy, and even if we empty it and there is nothing left, according to the Heisenberg uncertainty princi-
ple, that nothing has a weight.
Therefore, it has energy that is condensed and transformed into particles, that is, into us,” he was quoted as saying.
The artwork was put up for sale at the Italian auction house Art-Rite in May. The buyer, according to newsartnet.com, was given a cer- tificate of authen- ticity along with the instruction that the work must be exhibited in a private house in roughly a five-by-five foot space free of obstruction.
“When I decide to ‘exhibit’ an imma- terial sculpture in a given space, that space will concentrate a certain amount and density of thoughts at a pre- cise point, creat- ing a sculpture that, from my title, will only take the most varied forms,” the artist further said.
Earlier, he also exhibited another invisible sculpture titled Buddha in Contemplation, at the Piazza Della Scala in Milan, demarcated by a square of tape on a cobble-stoned walkaway.