Fernando Cueto Amorsolo

Break from the Harvest

Found at Christies, Hong Kong
20th Century Art Day Sale, Lot 233
29. Nov - 29. Nov 2023
Estimate: 320.000 - 420.000 HKD
Price realised: 1.386.000 HKD
FERNANDO CUETO AMORSOLO (1892-1972)
Break from the Harvest
signed and dated 'F Amorsolo 1960' (lower right)
oil on canvas
50.8 x 76.2 cm. (20 x 30 in.)
Painted in 1960

Artwork auctioned at three times the upper estimate price

When the work Break from the Harvest by Fernando Cueto Amorsolo was auctioned at Christies in Hong Kong in November this year, the result exceeded expectations many times over. The upper estimate was set at a - in retrospect quite modest - HKD 420,000.00 but the actual price achieved was more than three times as high at HKD 1,386,000.00 (€ 162,640.26). However, buyers have had to dig much deeper into their pockets for other works by Fernando Cueto Amorsolo - we have observed the highest auction result to date for the work Maiden With Fruits, 1930, which sold at auction in March 2019 for HKD 4,975,625.00 (€ 564,565.93).

Kunstwerk zum Dreifachen des oberen Schätzpreises versteigert

Als die Arbeit Break from the Harvest von Fernando Cueto Amorsolo im November diesen Jahres bei Christies in Hong Kong versteigert wurde, übertraf das Ergebnis die Erwartungen um ein Vielfaches. Der obere Schätzpreis war mit – rückwirkend betrachtet recht bescheidenen – HKD 420.000,00 angesetzt, der tatsächlich erzielte Preis hingegen war mit HKD 1.386.000,00 (€ 162.640,26) mehr als dreimal so hoch. Für andere Arbeiten von Fernando Cueto Amorsolo mussten die Käufer allerdings auch schon deutlich tiefer in die Tasche greifen – das bisher höchste Auktionsergebnis haben wir für die Arbeit Maiden With Fruits, 1930 beobachtet, die im März 2019 für HKD 4.975.625,00 (€ 564.565,93) versteigert wurde.

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