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NewsTranscript
00:00An artwork was found at the Asian Cultural Council Auction 2025 in Leon Gallery Fine Arts and Antiques in Makati.
00:09First news is from Katrina Sol.
00:13Filipino artists can help to expand their knowledge through their studies abroad.
00:21This is what was found at the Asian Cultural Council Auction 2025 in Leon Gallery Fine Arts and Antiques in Makati City.
00:31140 artworks were found at the auction.
00:35This includes the Dambana by Vicente Manansala,
00:38Family United by Ramon Orlina,
00:41A Standing Female Bulol from Ifugao,
00:44and many other works by Fernando Amorosolo.
00:48The starting bid was Php 100,000 for the cheapest artwork.
00:52While Php 18 million was the starting bid for the most expensive artwork.
00:58Every year when Leon Gallery handles the Asian Cultural Council Auction,
01:02it's considered the best auction of the year.
01:05So the best pieces come out, we get the best results also.
01:10Leon Gallery Fine Arts and Antiques has been doing auction for the benefit of Asian Cultural Council for 10 years.
01:17200 artists have been given grants or assistance.
01:22Every year, many applications are accepted by ACC.
01:27This year, there are already 90 applicants.
01:31Each applicant, each grant that we give costs us about between Php 30,000 to Php 60,000 a grant.
01:44So, depends on how much money we raise, particularly in this auction,
01:50that will determine the number of grants that we can give this year or next year.
01:55This is a big thing for the artists who are choosing to give grants for this activity.
02:03Their target this year is to give 6 grants from the applicants.
02:09This is the first news, Katrina Son for GMA Integrated News.