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Spoliarium boceto goes for P73M

AFTER ALMOST 14 minutes of back-and-forth bidding, an unnamed phone bidder won ownership of Juan Luna’s boceto for the Spoliarium at a gavel price of P63 million from its starting bid at P25 million at the Important Philippine Art category of the Well-Appointed Life auction on Sept. 22 at the Peninsula Manila. This comes to a whopping P73,584,000 after taxes and the buyer’s premium.