Olazo abstract fetches P1.9 million at benefit auction

Antique furniture, 18th-century maps of Asia and the Philippines, wooden figures of bu’lul (god of harvest), and renowned paintings by Filipino artists were among the auctioned pieces for the benefit of scholars at International School Manila (ISM), in partnership with Gavel & Block, a subsidiary of Salcedo auctions on May 5 at The Peninsula Manila.
Filipino abstract painter Romulo Olazo’s 1986 untitled mixed media on canvas took the highest bid at an estimated final price of P1.9 million from its opening price at P380,000.
Other artworks sold included Ang Kuikok’s 1973 oil on wood painting of Still Life Table with Fruits and Ramon Orlina’s Madonna and Child sculpture which were sold at an estimated price of P1 million.
Benefit is the first auction by Salcedo Auctions to help raise funds for the Vicky SyCip Herrera (VSH) Filipino Scholarship at International School Manila (ISM). — Michelle Anne P. Soliman