Cesar Legaspi

The scene

Found at Christies, Hong Kong
Modern and Contemporary Southeast Asian Art, Lot 62
27. May - 27. May 2007
Estimate: 160.000 - 240.000 HKD
Price realised: 192.000 HKD
CESAR LEGASPI (The Philippines 1917-1994)
The scene
signed and dated 'Legaspi '70' (lower left); dated, titled and inscribed 'The Scene 1970/Collection of Mr + Mrs Dennis K. Legaspi' (on reverse)
oil on wood
24 x 36 in. (61 x 91.5 cm.)

Auction result well in line with expectations

The work The scene by Cesar Legaspi was auctioned at Christies in Hong Kong in May 2007. The price achieved of HKD 192,000.00 (€ 18,282.32) was within expectations - the estimate range had previously been set by the auction house as HKD 160,000.00 – 240,000.00. 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

Die Arbeit The scene von Cesar Legaspi kam im Mai 2007 bei Christies in Hong Kong zur Auktion. Der dabei erzielte Preis von HKD 192.000,00 (€ 18.282,32) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 160.000,00 – 240.000,00 angegeben worden. 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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