J. Elizalde Navarro, "Man With Kite", 1954, Oil on Wood, 45 x 36.8 cm. Sold for P800,000.00 plus buyer's premium

Things went crazy on Saturday afternoon, and I don’t mean the freakish March weather.  The standing room only crowd inside the Salcedo Auctions saleroom stayed oblivious to the darkening sky, the thunder and lightning that heralded blinding sheets of rain better suited to the middle of August than the beginning of summer.  All eyes focused on auctioneer Andrew Thomas as he presented lot after lot of the auction house’s sale of Important Philippine Art, and hammered the close on some truly spectacular sales. Continue reading →