Havana, Nov 13 (EFE) An auction of 69 lots of Cuban plastic and decorative art raised some 400,000 euros (about $600,000), less than half the expected total, organisers said here.
Wednesday’s auction of works by acclaimed painters such as Mariano Rodriguez, Rene Portocarrero, Servando Cabrera Moreno and Roberto Fabelo had been expected to bring in 1 million euros ($1.5 million).
The painting that brought the highest price was “Television aerials” by Mario Carreno (1913-99), which was initially valued at 70,000 euros ($105,000) but ended up being sold for 55,000 euros ($82,000).
All of the works up for sale belonged to private collections, with the exception of one presented by Cuba’s La Acacia state gallery, the director of the auction, Luis Miret, told EFE.
Despite the gap between the expected and actual proceeds, this year’s result was “very positive and acceptable” with 51 percent of the works sold, compared with 38 percent in the previous edition of the auction, Miret said.
