The First Art Newspaper on the Net   Established in 1996 United States Monday, June 25, 2018

Sotheby's Latin American Art Evening Sales Achieve Highest Ever Total: $21.7 Million
Fernando Botero, A Family. Oil on canvas, 74 x 74 in., 187.5 x 187.5 cm. Est. $1/1.5 million. Sold for $1,398,500. Photo: Sotheby's.

NEW YORK, NY.- “We were thrilled to achieve the highest ever total for an evening of Latin American Art at Sotheby’s, exceeding the results achieved at the height of the market in 2008,” commented Carmen Melián, Head of Latin American Art at Sotheby’s. “Bidding tonight was truly global and followed a trend we have seen over the past several seasons wherein regional artists attracted international appeal. It was gratifying to witness a depth in interest across the entire category - from a record price for a bronze by Botero to yet another record price achieved for Brazilian artist Meireles. We saw particularly heated competition for kinetic and abstract works and were pleased to achieve such a strong price for Otero, following the record price we achieved last fall.”

A Discerning Eye: Latin American Masterpieces from a Private Collection brought a number of strong prices for Rufino Tamayo, led by the $1,370,500 achieved by Madre Divirtiendo a Su Hijo from 1946 (est. $1/1.5 million). In addition, Mujer En Extasis from 1973 fetched $962,500 (est. $900,000/1.2 million), and Sandias from 1941 made $602,500 (est. $500/700,000). Other highlights included Diego Rivera’s The Old Hamlet of Toledo, which fetched $992,500 (est. $800,000/1million), and The Morphology of Desire by Matta, which sold for $902,500 ($700/900,000).

Fernando Botero: A Celebration was the first single-artist sale held by Sotheby’s Latin American Art department since the auction of Joaquín Torres-Garcia’s works from the estate of Royal S. Marks, held in 1992. The works were predominantly drawn from two highly distinguished collections, and were assembled over several decades. They include the quintessential themes and iconic images that have made Botero arguably the most recognized living artist in the world. This sale was led by A Family from 1972, one of a series of family scenes painted throughout Botero’s career, which sold for $1,398,500 (est. $1/1.5 million). The late sculpture Man on a Horse set a record for a bronze by the artist at auction when it sold for $1,172,500 after a contest involving three bidders.

Following a series of strong prices in recent sales, the Cuban artist Wifredo Lam led the various-owner sale with Les Oiseaux Voilés from 1945, which sold for $1,022,500 (est. $800,000/1.2 million). El Árbol De La Vida by Leonora Carrington sold to a telephone bidder for $578,500 (est. $500/700,000). Joaquín Torres García’s 1920 painting Fourteenth Street was featured on the cover of the sale catalogue and sold for $362,500, in excess of its pre-sale high estimate (est. $150/200,000).

The auction also saw a number of strong prices for abstraction, with Estudio para Coloritmo Nº3 by Alejandro Otero selling for $554,500 (est. $350/450,000) and Jesús Rafael Soto’s Gran Azul from 1999 fetching $362,500 (est. $250/300,000). A 1965 Relief by Sergio Camargo exceeded its high estimate in selling for $842,500 after a competition between three bidders (est. $400/600,000), and In-Mensa by Cildo Meireles from 1982 sold for multiples of the high estimate to sell for $518,500 (est. $80/120,000).

* Pre-sale estimates do not include buyer’s premium

Today's News

May 27, 2011

British-Born Surrealist Painter Leonora Carrington Dies at Age 94 in Mexico City

British Museum Study Shows Britain is an Amateur Treasure Seeker's Paradise

Maya Funerary Offering Found by Archaeologists in Cenote Near Chichen Itza

Richard Long, A Pioneer of Land and Conceptual Art, Exhibits at Haunch of Venison

Sotheby's Russian Art Auctions to be Led by Important Group of Paintings by Vereschagin

For the First Time Ever, National Gallery Painting by Van Gogh Comes to Life

After 10 Years, Astronomers Unveil Most Complete 3-D Map of Local Universe

Many Artists at ART HK International Art Fair Revel in Freedom to Support Ai Weiwei

LACMA Presents 32 Images of Elizabeth Taylor in Iran: Photographs by Firooz Zahedi

The MFA Houston Selects Three Architecture Firms to Submit Design Proposals for an Expanded MFAH

Collection of Rare Ornithological Inspired Music Boxes Highlight June Auction

National Gallery of Victoria Celebrates 150th Birthday with a Gift of 173 Indigenous Artworks

ARTZUID 2011 an International Sculpture Exhibition in a Unique Cultural Heritage Setting

Material Girls Exhibition Intrigues, Amazes and Inspires at Reginald F Lewis Museum

British Painter Laurence Stephen Lowry Record Set at Christie's in London

Gagosian Gallery Announces "Lindsay Lohan": Richard Phillips' First Short Film

Exhibition Presents Artist Runa Islam's Newly Commissioned Film Emergence     

Broad Range of High Quality Dutch Paintings at Sotheby's Amsterdam in June

Local Derbyshire Scene Bought for Buxton Museum and Art Gallery by the Art Fund

Detroit Institute of Arts Presents SYNC: A Fundraiser where Art Meets Technology

Los Angeles Modern Auction to Offer Unique Modern Art & Design Sale on June 26

The Musée d'art Contemporain de Montréal Presents Déja - The Collection on Display

Whitney Museum of American Art Presents Brooklyn-Based Artist Cory Arcangel's Pro Tools

MoMA Presents the First American Museum Presentation of Boris Mikhailov's Photographs

Sotheby's Latin American Art Evening Sales Achieve Highest Ever Total: $21.7 Million

Mysterious Wanderer, The Leatherman, from 1800s Gets More Peaceful New York Grave

Agreement Reached on the Sphinx of Hattusha

Out of Australia: Prints and Drawings from Sidney Nolan to Rover Thomas at the British Museum

UK Makes Donation to Preserve Auschwitz Memorial

The Autry National Center is Recipient of a $6.6 Million Grant from California State Parks

Most Popular Last Seven Days

1.- Galerie Miranda opens exhibition of works by Marina Berio

2.- Restorers unveil original face of Belgium's 'Mystic Lamb'

3.- Classic Beauties unveils the sensual enchantment of Neoclassicism

4.- Exhibition presents a dramatic survey of five hundred years of Spanish painting

5.- Glasgow blaze guts one of world's top art schools - again

6.- The Prado opens the first major monographic exhibition on Lorenzo Lotto's portraits

7.- Cleveland Museum of Art announces new acquisitions

8.- A record setting necklace, diamonds & gemstones propel $1.9 million in jewelry sales at Rago in June

9.- Czech Art Nouveau painter Mucha's masterpiece finds home after 90 years

10.- Exhibition at The Laing Art Gallery explores the garden as a "stage" for the extraordinary

Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .


Ignacio Villarreal
Editor & Publisher:Jose Villarreal - Consultant: Ignacio Villarreal Jr.
Art Director: Juan José Sepúlveda Ramírez

Royalville Communications, Inc
Founder's Site. The most varied versions
of this beautiful prayer.
to a Mexican poet.

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful