EconomyForex

Manansala, Ventura paintings fetch P17M each in auction

1 Mins read

NATIONAL Artist Vicente Manansala’s Vendors (1978) sold for P17,240,000 — exceeding its pre-sale estimate of P12-14 million — at Salcedo Auctions’ 8th edition of The Well-Appointed Life live and online auction on Sept. 17.

Ronald Ventura’s Beasty Eyes (2021) was also sold at the same price as the Manansala.

The two glass sculptures from Ramon Orlina’s Tower Series each sold for P7,592,000.

Abstractionist Romulo Olazo’s 48 x 48 inch Diaphanous 71719 went for P11,680,000 while his 42 x 84 -inch Diaphanous B-CXIVIII sold at P14,016,000.

Other notable results in the auction include Mauro Malang Santos’ Yellow Vendor which fetched P11,096,000; two 1957 works from National Artist Ang Kiukok’s Bananas series (from the Rufus Phillips collection) sold for a combined total of P9,110,400; National Artist Benedicto “BenCab” Cabrera’s 12 x 11 ½ inch 1969 Mother and Child went for P3,270,400; and Juan Luna’s 1887 watercolor, Reclining Warrior, sold for P2,102,400.

Meanwhile, an Impy Pilapil sculpture from the Tower Club collection became the most expensive piece by the artist sold at auction at P934,400, from its pre-sale estimate of P380,000.

For information and consignment inquiries, visit salcedoauctions.com. Salcedo Auctions is located at the NEX Tower, 6786 Ayala Ave., Makati City.

Related posts
EconomyForex

Peso to rise as Fed woes drag dollar

4 Mins read
BW FILE PHOTO THE PHILIPPINE PESO is expected to end the year stronger against the US dollar as the greenback remains under…
EconomyForex

PSEi ends flat as market awaits Fed policy hints

2 Mins read
BW FILE PHOTO PHILIPPINE STOCKS ended flat on Wednesday as investors stayed on the sidelines ahead of a trading break and the…
EconomyForex

‘Game-Changing Insights’: Dealers’ Business Forum ignites passion and purpose among partners

2 Mins read
By Jay Ann Bonghanoy It wasn’t just another seminar. For many dealers in the room, it marked a real turning point. On…
Power your team with InHype
[mc4wp_form id="17"]

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *