Can't believe I had never seen this before! My pal Michelle posted it the other day on Facebook and I had to know the story behind it. It took me a minute, but THIS is what I learned:
So, in 1985, Queen re-created their iconic 1974 "Queen II" album cover (see also: "Bohemian Rhapsody" music video), morphing the old into the new for the music video of their single "One Vision." Well-l-l, this gif of Freddie (picking his nose, no less!) and the boys goofing around is an outtake from that.
What I wasn't able to find was the source video of this fine gif, just the "One Vision" video itself. Maybe one of you Happy Mutants will have better luck finding it..?! Standing by.