Fernando Cueto Amorsolo - Planting Rice

Fernando Cueto Amorsolo

Planting Rice

Found at Christies, Hong Kong
Modern and Contemporary Art Morning Session, Lot 229
3. Dec - 3. Dec 2020
Estimate: 240.000 - 350.000 HKD
Price realised: 750.000 HKD
Description
Acquired directly from the artist by the original owner | Thence by descent to the present owner | Private Collection, Canada
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Upper estimate price exceeded by more than 100%

This artwork by Fernando Cueto Amorsolo achieved an unexpectedly high price at Christies in Hong Kong in December 2020. In the Modern and Contemporary Art Morning Session auction, the work Planting Rice sold for HKD 750,000.00 (€ 79,108.75) - well above the upper estimate of HKD 350,000.00. Admittedly, works by Fernando Cueto Amorsolo have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Maiden With Fruits, 1930 in March 2019 with an auction result of HKD 4,975,625.00 (€ 564,565.93).

Oberer Schätzpreis um mehr als 100% übertroffen

Dieses Kunstwerk von Fernando Cueto Amorsolo erzielte im Dezember 2020 bei Christies in Hong Kong einen unerwartet hohen Preis. In der Auktion Modern and Contemporary Art Morning Session wurde die Arbeit Planting Rice für HKD 750.000,00 (€ 79.108,75) versteigert – und damit weit über dem oberen Schätzpreis von HKD 350.000,00. Freilich wurden Arbeiten von Fernando Cueto Amorsolo auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Maiden With Fruits, 1930 im März 2019 mit einem Auktionsergebnis von HKD 4.975.625,00 (€ 564.565,93).

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