The First Art Newspaper on the Net Established in 1996 United States Monday, September 22, 2014


Brazilian and Mexican artists lead Christie's Latin American Art Sale in New York
Candido Portinari, Meninos soltando pipas, 1941. Oil on canvas. Price Realized: $1,443,750. World auction record for the artist. Photo: Christie's Images Ltd 2013.
NEW YORK, NY.- Christie's Evening session of Latin American Art achieved an impressive $16,013,250 (£10,568,745 /€12,330,203) and was sold 75% by lot and 74% by value, the highest total since fall 2008. Brazilian modernist Candido Portinari’s Meninos soltando pipas realized $1,443,750 (£952,875 / €1,111,688), setting a new world auction record for the artist and the top lot of the sale.

Virgilio Garza, Head of Latin American Art, commented: “Continuing the success of the spring auction season at Christie’s New York, we are extremely pleased with the results of tonight’s Evening session of Latin American Art. The strength of the Brazilian market reigned supreme with the new world auction record achieved for beloved artist Candido Portinari, also the top lot of the sale. Likewise, we saw great prices achieved for three iconic works by Alfredo Volpi, furthering the strength of his market. We are looking forward to the Day sale tomorrow.”

NEW AUCTION RECORDS
Candido Portinari (Brazilian 1903-1962), Meninos soltando pipas, oil on canvas, painted in 1941.
Price realized: $1,443,750
WORLD AUCTION RECORD FOR THE ARTIST

Tilsa Tsuchiya (Peruvian 1932-1984), Mujer volando, oil on canvas, painted in 1974.
Price realized: $339,750
WORLD AUCTION RECORD FOR THE ARTIST

Remedios Varo, Visita al pasado, graphite and pigment on paper, executed in 1957.
Price realized: $291,750
WORLD AUCTION RECORD FOR THE ARTIST FOR A WORK ON PAPER

Francisco Narváez, Untitled, ebony
Price realized: $267,750
WORLD AUCTION RECORD FOR THE ARTIST

Milton Dacosta (Brazilian 1915-1988), Figura, oil on canvas, painted in 1954.
Price realized: $171,750
WORLD AUCTION RECORD FOR THE ARTIST



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