Original Signed And Numbered Prints By: Fernando Zobel De Ayala Y Montojo (August 27, 1924 June 2,
Winning Bid $3,223.00
Bid History 60 Bids
CLOSED
Location: BRG-Fairfield
Item #: 229455
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Item Description
also known as Fernando M. Zóbel was a Spanish Filipino painter businessman art collector and museum founder. Since the 2010s works by Zóbel have achieved record prices at auctions with the growth of the Philippine art market. On April 6 2013 Hattecvm a work from 1949 previously in a European private collection was sold for a record of PHP43.460 million (US$1 056 082) at a Sotheby's auction in Hong Kong. This was subsequently followed by a record price set in May 25 2013 by Aracili a similar work from 1959 that sold for PHP37.467 million (US$900 773.20) at a Christie's auction in Hong Kong. Since then his works have consistently increased in prices at auction in the Philippines and overseas. In 2015 Seated Man (Nothing III) an early 1953 work by Zóbel in the collection of his longtime friends Jim and Reed Pfeufer was sold at the Leon Gallery auction in Manila for a record PHP30.368 million. Subsequently this record has been broken a 1959 work titled Saeta 52 (Pared Madrileña) from the Saeta series sold for PHP 35.040 million at a Leon Gallery auction in Manila on September 8 2018. On November 30 2019 a 1962 work by Zobel titled Perales de Tajuña was sold at Leon Gallery Fine Art and Antiques in Manila for a reached similar result for PHP 35.040 million.
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