This “art+design” auction was hosted online to create a space for next-generation collectors.
This is an excerpt from Lifestyle Asia’s March 2023 Issue.
Gavel&Block, a subsidiary of the Philippines’ premier auction house Salcedo Auctions, held its ‘art+design’ online auction on February 4, 2023. The subsidiary “was created primarily to serve the needs of next-gen collectors.”
Results from the online sale show that next-gen collectors vary in taste but share the same appreciation for the finer things and nostalgic pieces. Participating bidders also showed interest in lesser-known artists and both local and international brands.
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Some auction favorites include Cesar Buenaventura, as more than half of his collection was sold. His untitled bayanihan-themed masterpiece exceeded the estimated cost by over 200%. Pop art proved its popularity with plenty of bidders taking interest in the illustrations of editorial cartoonist Larry Alcala, award-winning illustrator and abstract painter Mauro Malang Santos, as well as world-renowned artist Manuel Baldemor.
Works depicting our national heroes also fetched a generous price. These pieces include J. Caldere’s photo engraving of Andres Bonifacio’s cry for independence and Anastacio Caedo’s bronze bust of Jose Rizal.
Decorative plates have garnered a strong following, following an emerging trend. Mother and child-themed pieces by Ang Kiukok, BenCab, Araceli Dans and Jose Blanco went for over 400% their estimated price.
Read more by purchasing a copy of the Lifestyle Asia March 2023 magazine via SariSari.shopping or select newsstands in National Bookstore and Fully Booked. Subscribe to the E-Magazine via Readly, Magzter, and Press Reader.
Photos courtesy of Salcedo Auctions
