Christie’s has set nine world auction records during its sale of Latin American Art in New York on November 23. The highlight of the sale, which totaled US$22,761,500, was Rufino Tamayo’s (1899-1991) “Sandias” 1969. Consigned from The Lewin Family Collection, the oil on canvas sold for US$2,167,500 against an estimate of US$1,200,000 to USD 1,800,000.
The sale established new auction records for the Latin American artists Pablo Atchugarry (b. 1954), Guillermo Kuitca (b. 1961), and Esterio Segura (b. 1970), as well as the Cuban modernists Mariano Rodriguez (1912-1990), Fidelio Ponce de León (1895-1949), Carlos Enríquez (1900-1957), René Portocarrero (1912-1985), Victor Manuel (1897-1969), and Domingo Ramos (1894-1956).
Virgilio Garza, Head of Latin American Art, remarked: “Strong results were realized for the single-owner collection of Cuban works with active bidding resulting in many lots more than doubling initial estimates. This sale represents a comeback for modern Cuban painting, setting six new artist records that were established decades ago.
“There was a range of prices realized showing a broad interest in the category from new buyers to established collectors. We were very pleased to see impressive prices achieved across the exceptional private collections, as seen with Rufino Tamayo’s Sandías from the Lewin Family Collection, which exceeded the high-estimate and was the sale’s top lot.”