Christie’s Latin American Art Auction
This may be the last Latin American Art auction as the auction houses have decided to sell Latin American art mixed in along with everything else. Word is that prices for Latin American artists have already gone up as a result of the change.
It’s too bad in a way. One of the nice things about his auction was the
Christie’s Spring 2018 Latin American Art Auction
Lots 1 – 61 go on sale Wednesday, May 23, 2018 at 5 pm.
Lots 56 – 192 go on sale Thursday, May 24, 2018 at 11 am.
The exhibition is on view Monday – Wednesday, May 21 – 23, 2018 from 10 am – 5 pm (2 pm on Wednesday)
The auction brings many Boteros to sale.
Buyers from 36 countries in the Americas, Asia and Europe bought $31,258,125 worth of art. The auction continues online until May 30.
Diego Rivera’s The Rivals (1931) sold for $9.76 million, setting a record for any Latin American artist.
Fernando Botero’s Oranges (1973) sold for $1.87 million which was more than six times the low estimate and set a record for a Botero still-life.
Rufino Tamayo’s Los comediantes sold for $1,572,500.
Fernando Botero’s Mona Lisa (1959) sold for $1,032,500. Another piece in this series was purchased by MoMA, the Museum of Modern Art in 1961. That acquisition launched Botero into the international sphere. Botero’s figures were very different from the prevailing Abstract Expressionism.
Of the colonial works, Juan Francisco de Rosa’s Virgen del Rosario sold for $372,500 which was 30x its $8,000 – $12,000 estimate. Wow.
Auction records were set for Agustín Cárdenas (Cuban), Augusto Torres (Uruguayan – Spanish), Roberto Fabelo (Cuban), Los Carpinteros (Cuban), Olga Albizu (Puerto Rican) and Juan Francisco de Rosa.
Virgilio Garza, Head of Latin American Art said, “The strong results witnessed this season reinforce the global appetite for Latin American art from colonial works through contemporary art.”
“The strong results witnessed this season reinforce the global appetite for Latin American art from colonial works through contemporary art.”
~ Virgilio Garza, Head of Latin American Art, Christie’s
The auction includes Argentine, Bolivian, Brazilian, Caribbean, Chilean, Colombian, Costa Rican, Cuban, Ecuadorian, Mexican, Nicaraguan, Peruvian, Puerto Rican and other artists.
Lot 16 ~ Lam, Figure
Lam’s work looks so African. He was Chinese – Afro – Cuban.
Cuban, 1902 – 1982
Estimate: $1,200,000 – $1,800,000
Lot 23 ~ Rivera, Niña con vestido rosa
The Rivera makes you look.
Mexican, 1886 – 1957
Estimate: $400,000 – $600,000
Lot 31 ~ Tamayo, Los comediantes
Mexican, 1899 – 1991
Estimate: $800,000 – $1,000,000
Lot 39 ~ Sánchez, Visión de orilla
What a strange subject matter, the jungle.
Estimate: $400,000 – $600,000
Lot 44 ~ Botero, Circus People
So many Boteros. He is probably the most popular Latin American artist at auction.
Estimate: $1,500,000 – $2,500,000
Lot 125 ~ Cuzco School, Immaculate Conception
The older works shown in the auction have always been one of its highlights.
Estimate: $18,000 – $22,000
Visiting Christie’s New York
20 Rockefeller Plaza, New York, NY 10020
(49th St between Fifth & Sixth Ave)
Rockefeller Center, Midtown, Manhattan
Monday-Saturday: 10 am – 5 pm
Sunday: 1 – 5 pm
Christie’s is open additional hours for auctions.
- (B) (D) (F) (M) to 47-50 St Rockefeller Center
- (N) (R) (W) to 49th St
- (1) (2) to 50th St
- (E) to 53rd St
- (4) (6) to 51st St
For more information, visit www.christies.com