Cesar Legaspi

Mask

Found at Sothebys, Hong Kong
Modern and Contemporary Southeast Asian Paintings, Lot 324
6. Oct - 6. Oct 2014
Estimate: 70.000 - 90.000 HKD
Price realised: 225.000 HKD
Cesar Legaspi
1917-1994
MASK
Titled on the reverse
Acrylic on Masonite board
63 by 44.5 cm.; 24 3/4 by 17 1/2 in.
Acquired from Luz Gallery in Manila 1977 | Private Collection, Malaysia | Sotheby's Hong Kong, October 7 2012, Lot 299

Upper estimate price exceeded by more than 100%

This artwork by Cesar Legaspi achieved an unexpectedly high price at Sothebys in Hong Kong in October 2014. In the Modern and Contemporary Southeast Asian Paintings auction, the work Mask sold for HKD 225,000.00 (€ 23,164.41) - well above the upper estimate of HKD 90,000.00. Of course, this price has nothing to do with the top prices that other works by Cesar Legaspi achieve. The highest price we have observed so far was reached by the work Ginintuang Mayo (Golden Spring) in May 2016 with an auction result of HKD 2,200,000.00 (€ 254,279.30).

Oberer Schätzpreis um mehr als 100% übertroffen

Dieses Kunstwerk von Cesar Legaspi erzielte im Oktober 2014 bei Sothebys in Hong Kong einen unerwartet hohen Preis. In der Auktion Modern and Contemporary Southeast Asian Paintings wurde die Arbeit Mask für HKD 225.000,00 (€ 23.164,41) versteigert – und damit weit über dem oberen Schätzpreis von HKD 90.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Cesar Legaspi erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Ginintuang Mayo (Golden Spring) im Mai 2016 mit einem Auktionsergebnis von HKD 2.200.000,00 (€ 254.279,30).

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