Discayas' Rolls-Royce sold for P29 million at auction - News Summed Up

Discayas' Rolls-Royce sold for P29 million at auction


Discayas' Rolls-Royce sold for P29 million at auctionAn image of the Rolls-Royce Cullinan displayed on screen during the Bureau of Customs auction on Feb. 11, 2026. It was sold on its third auction attempt to Baguio-based Igorot Stone Kingdom Inc., represented by founder Pio Velasco, for P29,026,000. The winning bid was slightly above its floor price of P29,025,132.58. Its floor price was initially set at P45.314 million in November 2025, then lowered to P36.28 million in December 2025. Also left unsold were the following vehicles:Lincoln Navigator (2024), floor price P8,642,319.86GMC Yukon Denali (2022), floor price P6,759,673.35Cadillac Escalade (2021), floor price P7,747,289.21Maserati Levante Modena (2022), floor price P4,091,916.72GMC Yukon XL Denali (2022), floor price P6,759,673.35Cadillac Escalade ESV (2022), floor price P8,278,445.48Bentley Bentayga (2022), floor price P11,103,040.30The Bentley Bentayga and the Rolls-Royce had both been offered three times after failing to draw bids in the first two auctions.


Source: Philippine Star February 11, 2026 13:54 UTC



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