Phillips is seeking a record price for Carmen Herrara next month with Blanco y Verde, a work that has not been exhibited in five decades. Each November for the last three years, Phillips has set a new auction record price for Carmen Herrera. In 2015, they scored with Basque, a 1965 work that made $437k over a much lower estimate. In 2016, Cerulean from the same year was sold for $970k. Last year, it was Untitled (Orange and Black) from 1956 that pushed the record to $1.179m. If Blanco y Verde follows the previous pattern of selling near the high estimate (here it’s $1-1.5m) we will see yet another record fall for Herrera.
Here’s Phillips’s release on the painting:Continue Reading