Romeo V. Tabuena

People and Buffaloes

Found at Sothebys, Hong Kong
Eclectic, Lot 2073
18. Jan - 26. Jan 2022
Estimate: 50.000 - 70.000 HKD
Price realised: 18.900 HKD
Romeo V. Tabuena
1921 - 2015
People and Buffaloes
oil on cardboard
signed Tabuena and dated 1960 (lower left)
unframed: 50 by 65 cm; 19½ by 25½ in.
frame: 55 by 71 cm; 21½ by 28 in.
----------------------------------------------
羅美歐·塔佩納 1921-2015年
Private Collection, USA | ---------------------------------------------- | 美國私人收藏

Auction result misses estimated price range

In January last year a collector was able to acquire the work People and Buffaloes by Romeo Tabuena for HKD 18,900.00 (€ 2,162.75). This price was achieved in the auction Eclectic at Sothebys in Hong Kong and was even below the estimate range of HKD 50,000.00 – 70,000.00 set by the auction house. Of course, this price has nothing to do with the top prices that other works by Romeo Tabuena achieve. The highest price we have observed so far was reached by the work Three Beggars in November 2015 with an auction result of HKD 400,000.00 (€ 48,854.38).

Auktionsergebnis verfehlt die Schätzpreisspanne

Im Januar letzten Jahres konnte ein Sammler die Arbeit People and Buffaloes von Romeo Tabuena für HKD 18.900,00 (€ 2.162,75) erwerben. Dieser Preis wurde in der Auktion Eclectic bei Sothebys in Hong Kong erzielt und lag noch unterhalb der von dem Auktionshaus angesetzten Schätzpreisspanne von HKD 50.000,00 – 70.000,00. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Romeo Tabuena erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit Three Beggars im November 2015 mit einem Auktionsergebnis von HKD 400.000,00 (€ 48.854,38).

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