Published: November 25, 2016
NEW YORK CITY — Christie’s Latin American Art sale November 22–23 totaled $22,761,500 with active in-room, phone, and online participation with registered bidders across 36 countries. The top lot of the sale was Rufino Tamayo’s “Sandias” (pictured above) from the Lewin Family Collection, which sold for $2,167,500. Notable highlights included Fernando Botero’s “A Family,” from the collection of Ruth and Jerome Siegel, which realized $1,267,500; and a untitled work by Sergio Camargo at $1,507,000.
Nine world auction records were set, including three for contemporary Latin American artists, Pablo Atchugarry, Guillermo Kuitca and Esterio Segura), with six new records achieved for Cuban modern-ists, Mariano Rodriguez, Fidelio Ponce de León, Carlos Enríquez, René Portocarrero, Victor Manuel, and Domingo Ramos.
Strong results were realized for the single-owner collection of Cuban works totaling $3,264,000 with 16 works sold. Six artist records were achieved, led by Mariano Rodriguez’s “Pelea de gallos,” earning $1,087,500, and many works exceeded initial estimates, such as Carlos Enríquez’s “Héroe criollo,” $967,500, more than doubling the low estimate.
Virgilio Garza, Head of Latin American Art, said, “Strong results were realized for the single-owner collection of Cuban works with active bidding resulting in many lots more than doubling initial estimates. This sale represents a comeback for modern Cuban painting, setting six new artist records that were established decades ago. There was a range of prices realized showing a broad interest in the category from new buyers to established collectors. We were very pleased to see impressive prices achieved across the exceptional private collections, as seen with Rufino Tamayo’s ‘Sandías’ from the Lewin Family Collection, which exceeded the high-estimate and was the sale’s top lot.”
All prices reported include the buyer’s premium. For more information, www.Christies.com or 212-636-2000.
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