Whom You Know: Sotheby's Latin American Art Sales Total $26.9 million

Friday, May 27, 2011

Sotheby's Latin American Art Sales Total $26.9 million

Sotheby’s Latin American Art sales concluded today bringing the overall total to $26,853,025.

“We are delighted with our total of $26.9 million – the second highest ever for Latin American Art at Sotheby’s.” said Carmen Melián, Head of Latin American Art at Sotheby’s. “Throughout the evening sale we saw results that were consistent with the estimates we set, with strong prices achieved for Rufino Tamayo, Fernando Botero, Wifredo Lam, Joaquín Torres-García and many others. Whist we were disappointed that the Frida Kahlo Self Portrait did not find a buyer last night, I am pleased to have sold it privately today. There was great excitement throughout the day sale where it was wonderful to see a series of strong prices for the women who did so much to advance abstraction in Latin American painting. These were led by Carmen Herrera whose 1965 painting West was one of 19 records that were set in the sale.”

http://www.sothebys.com/

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