National Artist for Painting Fernando Amorsolo’s Under the Mango Tree has set a new record for him, selling the art piece for P57,676,800 at Leon Gallery’s Magnificent September Auction 2024.
“A [new world record] has just been set at León Gallery. Fernando Amorsolo’s ‘Under the Mango Tree’ has been sold for P57,676,800 (Hammer Price + Buyer’s Premium) at The Magnificent September Auction 2024,” the post read.
It also added that the 1929 painting was from the collection of Father of Philippine Air-conditioning Edward J. Nell.
“The work has surpassed the previous record of PHP 46,720,000 by the 1931 piece titled ‘Mango Gatherers’ which was sold at León Gallery in 2018,” it added.
Under the Mango Tree was among the notable art pieces auctioned at The Magnificent September Auction 2024, including the 1898 Declaration of Philippine Independence, a significant document in the country’s history.
