christie's two-day sale of latin american art achieves $21,325,625
TRANSCRIPT
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7/28/2019 Christie's Two-Day Sale of Latin American Art Achieves $21,325,625
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P R E S S R E L E A S E | N E W Y O R K | 3 0 M A Y 2 0 1 3
F O R I M M E D I A T E R E L E A S E
LATIN AMERICAN ART TOTALS
$21,325,625 AT CHRISTIES NEW YORK
THE AMERICAS SOCIETY VISUAL ARTS DEPARTMENTENDOWMENT BENEFIT REALIZES $687,000
BRAZILIAN CONTEMPORARY ARTISTS LEAD DAY SALE STRONG RESULTS ACHIEVED FOR PRIVATE COLLECTIONS
New York Christies Latin American Art sale on May 29 and 30 achieved $21,325,625 (14,074,913 /
16,420,731), selling 72% by lot, 75% by value and setting 9 new world auction records. With over elevencountries represented among the artists, bidders from throughout the Americas, Europe and Asia vied for
works ranging from monumental sculptures from established artists like Fernando Botero to offerings from
1950s avant-garde movements by Brazilian modernists.
Candido Portinaris Meninos soltando pipas realized $1,443,750 and remained the top lot of the sale and
established a new world auction record for the artist.Throughout the sale, works at both the top end and themiddle market level performed consistently well and several pieces in the sale demonstrated the strength of
the Latin American market. In addition to Brazilian contemporary artists, South American classical artists such
Candido Portinari
Meninos soltando pipas
Oil on canvasPrice Realized: $1,443,750
WORLD AUCTION RECORD FOR THE ARTIST
Alfredo Volpi
Fachada
Tempera on canvasPrice Realized: $783,750
Fernando Botero
Dancers
Bronze with brown patinaPrice Realized: $1,143,750
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7/28/2019 Christie's Two-Day Sale of Latin American Art Achieves $21,325,625
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as Alejandro Obregn, Fernando Botero, Oswaldo Vigas, and Armando Morales injected enthusiasm into the
saleroom, affirming their importance in the market.
Strong results were achieved From the Collection of Dr. Ruiz Bethoven do Amaral and Property from a
Distinguished Collection. A new world auction recordwas established for Milton Dacostas Figura tripling its
pre-sale estimate to realize $171,750. Furthermore, three works by Alfredo Volpi were among the top ten lots
of the two-say sale, furthering the strength of the artists presence at auction.
Virgilio Garza, Head of Latin American Art, commented: The day sale continued with great successes ending
in a fantastic sale overall. We were thrilled to have achieved such a strong total for the Americas Society
Foundation, a partnership we look forward to continuing. While Brazilians led the sale, I was excited to see
Botero drawings and sculpture maintained a significant stance in the sale along with other South American
artists.
NEW AUCTION RECORDS
Candido Portinari (Brazilian 1903-1962)Meninos soltando pipas, 1941
oil on canvasPrice realized: $1,443,750
WORLD AUCTION RECORD FOR THE ARTIST
Tilsa Tsuchiya (Peruvian 1932-1984)Mujer volando, 1974
oil on canvasPrice realized: $339,750
WORLD AUCTION RECORD FOR THE ARTIST
Remedios VaroVisita al pasado, 1957
graphite and pigment on paperPrice realized: $291,750
WORLD AUCTION RECORD FOR THE ARTIST
FOR A WORK ON PAPER
Francisco Narvez
Untitledebony
Price realized: $267,750WORLD AUCTION RECORD FOR THE ARTIST
Milton Dacosta (Brazilian 1915-1988)Figura, 1954
oil on canvasPrice realized: $171,750
WORLD AUCTION RECORD FOR THE ARTIST
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7/28/2019 Christie's Two-Day Sale of Latin American Art Achieves $21,325,625
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Oswaldo Vigas (Venezuelan b. 1926)
Guardiana, 1967oil on canvas
Price Realized: 111,750WORLD AUCTION RECORD FOR THE ARTIST
Djanira (Brazilian 1914-1979)
Piano e violin, 1960oil on canvas
Price Realized: $52,500WORLD AUCTION RECORD FOR THE ARTIST
Miguel ngel Rojas (Colombian B. 1946)David #4, 2005
digital print mounted on boardPrice Realized: $18,750
WORLD AUCTION RECORD FOR THE ARTIST
Valdirlei Dias Nunes (Brazilian b.1969)a.) Untitled, 2001
oil on canvasPrice Realized: $11,875
WORLD AUCTION RECORD FOR THE ARTIST
PRESS CONTACT: Gabriel Ford | +1 212 636 2680 |[email protected]
About Christies
Christies, the world's leading art business, had global auction and private sales in 2012 that totaled 3.92 billion/$6.27 billion. Christies is a name and place that speaks of extraordinary art, unparalleled service andexpertise, as well as international glamour. Founded in 1766 by James Christie, Christie's has since conducted the greatest and most celebrated a uctions through the centuries providing a popular showcase for the uniqueand the beautiful. Christies offers over 450 auctions annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Prices range from $200 to over $100million. Christie's also has a long and successful history conducting private sales for its clients in all categories, with emphasis on Post-War and Contemporary, Impressionist and Modern, Old Masters and Jewellery. Privatesales totaled 631.3 million/$1 billion in 2012, an increase of 26% on the same period last year.Christies has a global presence with 53 offices in 32 countries and 10 salerooms around the world including in London, New York, Paris, Geneva, M ilan, Amsterdam, Dubai, Zrich, and Hong Kong. More recently, Christieshas led in growth markets such as Russia, China, India and the Middle East, with successful sales, exhibitions and initiatives in Moscow, Baku, Beijing, Mumbai, Delhi, Jeddah, Abu Dhabi, Doha and Dubai.*Estimates do not include buyers premium. Sales totals are hammer price plus buyers premium and do not reflect costs, financing fees or application of buyers or sellers credits.
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7/28/2019 Christie's Two-Day Sale of Latin American Art Achieves $21,325,625
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L a t i n A m e r i c a n A r t
New York, 29-30 May 2013, Sale #2708
[All sold prices include buyers premium]
218 lots sold Total: $21,325,625/14,074,913/16,420,731 72% sold by lot
302 lots offered 0.66= $1 / 0.77=$1 75% sold by value
Lot Description Estimate ($) Price Realized Buyer
65
Candido Portinari (Brazilian 1903-1962),
Meninos soltando pipas, oil on canvas, painted in 1941.
WORLD AUCTION RECORD FOR THE ARTIST800,000 1,200,000
$1,443,750
952,875
1,111,688
South American
Private
31
Fernando Botero (Colombian b. 1932),
Dancers, bronze with dark brown patina,
executed in 2000.700,000 1,000,000
$1,143,750
754,875
880,688
European Trade
38
Alfredo Ramos Martnez (Mexican 1871-1946),
Mujeres con frutas (Women with Fruit), oil on canvas,
painted circa 1930.1,000,000 1,500,000
$1,107,750
731,115
852,968
US Private
69
Alfredo Volpi (Brazilian 1896-1988),
Fachada (No. 1331), tempera on canvas,
painted circa late 1960s.500,000 700,000
$783,750
517,275
603,488
South American Trade
71
Alfredo Volpi (Brazilian 1896-1988),
Bandeirinhas horizontais com mastro (No. 1330),
tempera on canvas, painted circa mid 1970s.600,000 800,000
$651,750
430,155
501,848
South American
Private
75
Alfredo Volpi (Brazilian 1896-1988),
Bandeirinhas com mastro (No. 2133),
tempera on canvas, painted late 1970s.450,000 650,000
$507,750
335,115
390,968
South American Trade
47Fernando Botero (Colombian b. 1932),Naturaleza muerta con sanda y naranjas, oil on canvas,
painted in 1970.400,000 600,000
$483,750319,275
372,488
South American Trade
11
Matta (Chilean 1911-2002),
Yennes, l'vitation in blue, oil on canvas,
painted in 1939.400,000 600,000
$435,750
287,595
335,528
South American
Private
21Armando Morales (Nicaraguan 1927-2011),
Lac Granada, II, oil on canvas, painted in 1991.250,000 350,000
$387,750
255,915
298,568
US Private
46
Rufino Tamayo (Mexico 1899-1991),
Sonriente en rosa, oil and sand on canvas,painted in 1988.
400,000 600,000
$375,750
247,995289,328
US Trade
PRESS CONTACT: Gabriel Ford | +1 212 636 2680|[email protected]
Please clickhereto view the full international schedule of upcoming sales from the Latin American department at Christies.
Estimates do not include buyers premium. Sales totals are hammer price plus buyers premium and do not reflect costs,
financing fees or application of buyers or sellers credits.
mailto:[email protected]:[email protected]:[email protected]://www.christies.com/departments/latin-american-art-35-1.aspxhttp://www.christies.com/departments/latin-american-art-35-1.aspxhttp://www.christies.com/departments/latin-american-art-35-1.aspxhttp://www.christies.com/departments/latin-american-art-35-1.aspxmailto:[email protected]