Carved stone sculpture bearing a signature reading 'VELASTEGUI'

This item is a modern-style carved stone sculpture, mounted on a rectangular wooden plinth. The material appears to be a mottled, reddish-orange stone, possibly alabaster, onyx, or soapstone, featuring a variegated surface with shades of ochre and cream. The sculpture bears an incised signature near the base reading 'VELASTEGUI' in capital letters. As shown in the photograph, the work is stylistically consistent with the organic, abstract figurative sculptures of mid-to-late 20th-century Latin American artists such as the Ecuadorian sculptor Hector Velastegui; however, this attribution is a hypothesis subject to physical inspection and verification of the signature's authenticity. The form shows smooth, polished contours alongside more textured, carved areas that suggest draped fabric or anatomical curves. The surface exhibits minor scuffing and small indentations consistent with handled stone, while the wooden base shows some light scratching and a visible material build-up—likely adhesive or mounting putty—at the point of contact between the stone and wood. The overall craftsmanship indicates a thoughtful approach to material density and light translucency, common in modern stone carving from the late 20th century.

I have examined the digital image of the carved stone sculpture, which features a modern, organic form and bears a signature consistent with 'VELASTEGUI'. Based on my observation of the mottled, reddish-orange stone, the craftsmanship reflects the stylistic hallmarks of mid-to-late 20th-century Latin American modernism, particularly the work of the Ecuadorian sculptor Hector Velastegui. However, I cannot verify the material density or the signature's authenticity from a photograph alone; a physical inspection would be required to rule out a reproduction or a piece 'in the style of' the artist. The valuation of $400 - $800 is based on the hypothesis that the sculpture is a genuine work by Velastegui. This range takes into account the visible condition, noting some minor surface scuffing and mounting residue on the base which may require professional cleaning. The market for mid-century Latin American stone carvings remains steady, as collectors value the translucency and tactile nature of materials like alabaster or onyx from this period. To confirm the authenticity and potentially increase the valuation, I recommend an in-person examination by a specialist in 20th-century South American art and the acquisition of provenance documentation or historical sales receipts. It is important to note that if this piece were found to be a contemporary reproduction or an unsigned work merely following the artist's style, the market value would likely decrease to a range of $100 - $250. Final value is highly dependent on the verification of the incised signature and scientific confirmation of the stone type.