SALCEDO Auctions will hold its inaugural auction at its new headquarters at NEX Tower along Ayala Avenue in Makati on June 1.

“We were waiting for a space like this to come up. We decided that this is the appropriate space for us,” Salcedo Auctions director Richie Lerma told BusinessWorld at the auction preview on May 25.

This weekend’s auction, called “Paradise Found,” is symbolic of finding a new space and a new place for treasured items.

“‘Paradise Found’ came from the idea that everything that is sold through the auctions are pieces of a person’s personal paradise,” Salcedo Auctions Marketing Communications Head LA Consing Lopez told BusinessWorld, discussing the auction’s theme. She added that the items are usually someone’s personal treasure, family heirloom, or a favorite piece of artwork.

The 500-square meter gallery with frontage along Ayala Avenue will function as a showroom, sale room, and exhibition space.

The auction consists of 210 lots, the highlights of which include Rodel Tapaya’s painting Baston ni Kabunian, Bilang pero di Mabilang which depicts Philippine folklore and tradition (the piece won the 2011 APB Foundation Signature Art Prize in Singapore), Felix Resurreccion Hidalgo’s Rooftop in Paris (1890), Jorge Pineda’s depiction of a rice field before harvest (1929), and Lao Lianben’s Man of Few Words (2008). Also up for sale are works by Filipino artists Alfredo Esquillo, Jr., Buen Calubayan, and Jigger Cruz

Rare antique furniture including a rare 19th century all-kamagong wardrobe; an escritio with a chest of drawers made of dark kamagong and narra wood, with carabao bone inlays; a 19th century Hepplewhite-style Baliuag altar table from the collection of Rony and Nini Jorge; and a pair of late-18th century molave pillars from Bohol, are also among the auction peices. There will also be heirloom jewelry and timepieces by Patek Philippe, Breguet, IWC, and Jaeger-Lecoultre.

The “Paradise Found” auction will be held on June 1, 2 p.m., in the new showroom at the Ground D Podium Levels, NEX Tower, 786 Ayala Ave., Makati City. The online catalogue is available at The auction items are on public viewing at the Podium Level of the NEX Tower daily from 10 a.m. to 6 p.m. until May 31. For inquiries, e-mail or call 659-4094, 823-0956, or 0917-894-6550. — Michelle Anne P. Soliman