Christie’s Latin American Art Sale Totals $27.7 Million

8 New auction records, including Fernando Botero and Tomas Sanchez.

Christie’s live sale of Latin American Art totaled $27,741,240, with 82% sold by lot and 138% hammer above the low estimate. The top lot of the sale was Fernando Botero’s monumental bronze sculpture Man on a Horse, which achieved $4,320,000 and set a new auction record for the artist.

Another notable highlight of the sale was Diego Rivera’s rediscovered masterpiece La bordadora, which realized $4,140,000 and has been acquired by the Museum of Fine Arts, Houston.

Additional top lots of the sale include Tomás Sánchez’s Llegada del caminante a la laguna, which sold for $1,800,000 and achieved a new record for the artist, and Rufino Tamayo’s Personajes en la sombra, which achieved $882,000.

The auction also achieved strong results and auction records for a range of contemporary works, including Antonio Bandeira’s rediscovered work, Untitled, which sold for $504,000; Beatriz González’s Vermeeriana I, which realized $138,600; and Roberto Fabelo’s triptych, Perrerío, which achieved $579,600.

Virgilio Garza, Head of Department, Latin American Art, Christie’s, commented: “The results show there is great demand for exceptional paintings, ranging from Fernando Botero’s sculpture to Eugenio Landesio’s 19th Century landscape and a rediscovered contemporary work by Antonio Bandeira, all achieving new auction records for the artists. We are especially pleased to share the acquisition of Diego Rivera’s masterpiece by the Museum of Fine Arts, Houston.”

Artist Records

Fernando Botero, Man on a Horse, $4,320,000
Tomás Sánchez, Llegada del caminante a la laguna, $1,800,000
Eugenio Landesio, Paesaggio con Corzo d’Acqua (La Garita de la Viga), $819,000
Roberto Fabelo, Perrerío, $579,600
Pedro Coronel, Untitled (fruta, sandía y candelabro), $529,200
Antonio Bandeira, Untitled, $504,000
Beatriz González, Vermeeriana I, $138,600
Sarah Grilo, Mi Buenos Aires querido, $60,480

Notable Results | Latin American Art | 11 March

Christie's Latin American Art Sale Totals $27.7 Million

DIEGO RIVERA (1886-1957)
La bordadora
oil on canvas
31¼ x 39 in.
Painted in 1928.
Price realized: $4,140,000

Christie's Latin American Art Sale Totals $27.7 Million

EUGENIO LANDESIO (1810-1879)
Paesaggio con Corzo d’Acqua (La Garita de la Viga)
oil on canvas
28¼ x 36½ in.
Painted circa 1860.
Price realized: $819,000
AUCTION RECORD FOR THE ARTIST

Christie's Latin American Art Sale Totals $27.7 Million

TOMÁS SÁNCHEZ (B. 1948)
Llegada del caminante a la laguna
oil on canvas
78 3⁄4 x 99 3⁄8 in.
Painted in 1999.
Price realized: $1,800,000
AUCTION RECORD FOR THE ARTIST

Christie's Latin American Art Sale Totals $27.7 Million

ROBERTO FABELO (b. 1950)
Perrerío
oil on canvas
80 1⁄4 x 186 1⁄2 in. overall
80 1⁄4 x 62 1⁄8 in. each panel
Painted in 2018.
Triptych.
Price realized: $579,600
AUCTION RECORD FOR THE ARTIST

Christie's Latin American Art Sale Totals $27.7 Million

ANTONIO BANDEIRA (1922-1967)
Untitled
oil on canvas
46¾ x 47¾ in.
Painted in 1965.
Price realized: $504,000
AUCTION RECORD FOR THE ARTIST

Christies

editor

Christie’s, the world's leading art business, had auction sales in the first half of 2019 that totalled £2.2 billion / $2.8 billion. Christie’s is a name and place that speaks of extraordinary art, unparalleled service and international expertise. Christie’s offers around 350 auctions annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectables, wine, and more. Prices range from $200 to over $100 million. Christie's also has a long and successful history conducting private sales for its clients in all categories, with emphasis on Post-War & Contemporary, Impressionist & Modern, Old Masters and Jewellery.

0