Sold for US$34.9 million, the FridaKahlo “Diego y yo” is the most expensive work of Latinart ever sold in an auction. See more here.
painting was a response to Rivera’s infidelity. In a statement following the sale Anna di Stasis, Senior Vice President of Sotheby’s New York, said, “You could call tonight’s result the ultimate revenge, but in fact, it is the ultimate validation of Kahlo’s extraordinary talent and global appeal.”The recording-breaking feat of Kahlo was indicative of a burgeoning appetite and interest for Latin art.
Before the sale, three lots were withdrawn, including a 1932 Georgia O’Keefe painting and a Henry Moore sculpture. Overall, the lots that went to auction Tuesday night hammered at US$240.5 million before fees were included. Pre-sale estimate had predicted sales to range between US$192.2 million to US$266.9 million.
“Coin du bassin aux nymphéas” held the highest estimate of the evening at over US$40 million and was ultimately sold for US$50.3 million.— at least within the medium of ceramics. “La Chouette” raked in US$3.9 million on an estimate of US$1 million to US$1.5 million, obliterating the former record for a Picasso ceramic of US$2.5 million.This evening’s sale follows the Macklowe Collection auction held the night before on November 15, which gave Sotheby’s its record-high US$676 million sales. The highly anticipated event was ordered by the court as part of the divorce between real-estate developer Harry Macklowe and his museum trustee ex-wife, Linda.
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