'UNDER the tree: The wish list' wrapped up another splendid year of Philippine bidding as Salcedo Auctions continued to achieve real and verifiable results, delivering the fine art sector's highest auction clearance rate this year and upholding its position as the trusted arbiter and barometer of the Philippine art market.

The shining star of the auction was the astonishing world record sale of national artist Benedicto 'BenCab' Cabrera's 'Subway Madonna,' which was previously owned by award-winning actress Glenda Jackson.