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Sotheby’s Latin American Sale = $19.49m

May 30, 2013 by Marion Maneker

Jesus Rafael Soto, Cuadrado Rosa ($150-200k) $365k
Carlos Cruz-Diez, Physichrome No 541 ($150-250k) $377k
Arturo Herrera, Untitled ($100-150k) $389k
Sergio Camargo, Oree ($70-90k) $425k
Jesus Rafael Soto, Grand Relation Bleu et Noir ($200-300k) $485k
Rufino Tamayo, Sandias ($400-500k) $755k
Sergio Camargo, Untitled (Relief No 263) ($400-600k) $845k
Joaquin Torres-Garcia, Composition Constructive ($700-900k) $1.445m
Carlos Cruz Diez, Physichromie #431 ($50-70k) $161k
Ricardo Martinez, Figura Yacente ($80-120k) $257k
Fernando Botero, L’Atelier de Sanchez Cotan ($175-225k) $389k

Sotheby’s was looking for some action in Latin American art last night. They got plenty of it though maybe not enough after the power of the Contemporary sales earlier in the month, according to Reuters:

Sotheby’s expects about $20.7 million to $28.7 million in Latin American art sales on Tuesday and Wednesday.

“We saw $1.5 billion in Impressionist and contemporary art sold in barely two weeks in New York (this month),” said Axel Stein, Latin American art chief at Sotheby’s. “That doesn’t mean necessarily that manna will a rain on us directly, but it almost assures we won’t have just normal or negative sales.”

High hopes for Latin American art auction amid buoyant market (Chicago Tribune)

More from Art Market Monitor

  • Sotheby’s Latin American = $21mSotheby’s Latin American = $21m
  • Sotheby’s Latin American Evening = $15.1mSotheby’s Latin American Evening = $15.1m
  • Sotheby’s Latin American = $21.2mSotheby’s Latin American = $21.2m
  • Sotheby’s Latin American Eve = $19.27m
  • Sotheby’s Latin American Sotheby’s Latin American
  • Sotheby’s Latin American Evening Sale =  $16,975,750Sotheby’s Latin American Evening Sale = $16,975,750

Filed Under: Auction Results Tagged With: Latin American, Sotheby's

About Marion Maneker

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