Cesar Legaspi

Mask

Found at Sothebys, Hong Kong
Modern & Contemporary Southeast Asian Paintings, Lot 299
7. Oct - 7. Oct 2012
Estimate: 78.000 - 98.000 HKD
Price realised: 93.750 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, Manila, in 1977

Auction result well in line with expectations

In October 2012 Sothebys in Hong Kong held the auction Modern & Contemporary Southeast Asian Paintings, which included the work Mask by Cesar Legaspi. It changed hands for a price of HKD 93,750.00 (€ 9,333.04) achieving a result in the upper range of the estimate price range of HKD 78,000.00 – 98,000.00. 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).

Auktionsergebnis im Rahmen der Erwartungen

Im Oktober 2012 führte Sothebys in Hong Kong die Auktion Modern & Contemporary Southeast Asian Paintings durch, in der auch die Arbeit Mask von Cesar Legaspi zur Versteigerung kam. Dabei wechselte sie für einen Preis von HKD 93.750,00 (€ 9.333,04) den Besitzer und erzielte damit ein Ergebnis im oberen Bereich der Schätzpreisspanne von HKD 78.000,00 – 98.000,00. 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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