NEW YORK, NY.- Christies New York July 30th live auction of Latin American Art totaled $13,987,125 with global participation with clients registered from 5 continents.
The sale was led by Wifredo Lam, Femme Cheval, which achieved $2,415,000. Additional top lots of the sale include: Rufino Tamayo, Dos amantes contemplanado la luna, which realized $2,295,000; Alfredo Ramos Martinez, La India, which sold for $939,000; and Fernando Botero, Horse, which achieved $591,000.
The selection of Spanish colonial works also performed well with bidding from several institutional and private clients. A painting by Luis de Riaño, Saint Michael Archangel, achieved $495,000, over 12 times the low estimate of $40,000; Anonymous (Peruvian School, early 18th century), Nuestra Señora de Copacabana, sold for $250,000, over eight times the low estimate of $30,000; and Anonymous (Cuzco School, 18th century), Adoration of the Shepherds, realized $137,500, over nine times the low estimate of $15,000.
Four new artist records were achieved during the auction:
Luis de Riaño, Saint Michael Archangel
Lilia Carrillo, Puentes varios No. 1
Roberto Fabelo, Viaje al jardín fantástico
Beatriz González, Gardel
The Latin American Art Online sale continues through August 4 and features a diverse selection of regional modern and contemporary art in a range of accessible price points, including artists such as Rufino Tamayo, Francisco Zúñiga, Julio Alpuy and more.
Christie's Latin American Art | 30 JULY 2020 | Notable Results
RUFINO TAMAYO, Dos amantes contemplando la luna, oil on canvas, 31.87 x 39.33 in. Price Realized: $2,295,000
ALFREDO RAMOS MARTINEZ, La India, oil on canvas, 42 x 49 in. Price Realized: $939,000
FERNANDO BOTERO, Horse, bronze, 38 ¾ x 37 x 20 in. Price Realized: $591,000
PROPERTY FROM THE ESTATE OF JACQUELYN MILLER MATISSE
LEONORA CARRINGTON, La joie de patinage (The Joy of Skating), oil on canvas, 18 x 24 in. Price Realized $519,000
LUIS DE RIAÑO, Saint Michael Archangel. Oil on canvas, 81 x 56 in. Price Realized: $495,000. World record for the artist
ROBERTO FABELO, Viaje al jardín fantástico, oil on canvas, 80 ¾ x 140 ¼ in. Price Realized: $399,000. World record for the artist