POST-SALE RELEASE: CHRISTIE’S NEW YORK LATIN AMERICAN EVENING SALE TOTALS $16,013,250

New York

BRAZILIAN AND MEXICAN ARTISTS LEAD THE SALE WITH MODERNIST AND CONTEMPORARY WORKS

FIVE NEW ARTIST RECORDS ESTABLISHED
 

New York – Christie’s Evening session of Latin American Art achieved an impressive $16,013,250 (£10,568,745 /€12,330,203) and was sold 75% by lot and 74% by value, the highest total since fall 2008. Brazilian modernist Candido Portinari’s Meninos soltando pipas realized $1,443,750 (£952,875 / €1,111,688), setting a new world auction record for the artist and the top lot of the sale.

Virgilio Garza, Head of Latin American Art, commented: “Continuing the success of the spring auction season at Christie’s New York, we are extremely pleased with the results of tonight’s Evening session of Latin American Art. The strength of the Brazilian market reigned supreme with the new world auction record achieved for beloved artist Candido Portinari, also the top lot of the sale. Likewise, we saw great prices achieved for three iconic works by Alfredo Volpi, furthering the strength of his market. We are looking forward to the Day sale tomorrow."

 

NEW AUCTION RECORDS

 Candido Portinari (Brazilian 1903-1962), Meninos soltando pipas, oil on canvas, painted in 1941.

Price realized: $1,443,750

WORLD AUCTION RECORD FOR THE ARTIST

 

Tilsa Tsuchiya (Peruvian 1932-1984), Mujer volando, oil on canvas, painted in 1974.

Price realized:  $339,750

WORLD AUCTION RECORD FOR THE ARTIST

 

Remedios Varo, Visita al pasado, graphite and pigment on paper, executed in 1957.

Price realized: $291,750

WORLD AUCTION RECORD FOR THE ARTIST FOR A WORK ON PAPER

 

Francisco Narváez, Untitled, ebony

Price realized: $267,750

WORLD AUCTION RECORD FOR THE ARTIST

 

Milton Dacosta (Brazilian 1915-1988), Figura, oil on canvas, painted in 1954.

Price realized: $171,750

WORLD AUCTION RECORD FOR THE ARTIST

About Christie’s

Christie’s is a name and place that speaks of extraordinary art, unparalleled service and international expertise. Founded in 1766 by James Christie, Christie's has conducted the greatest and most celebrated auctions through the centuries providing a popular showcase for the unique and the beautiful. Christie’s offers around 350 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 $100 million. Christie’s also has a long and successful history conducting Private Sales for clients and online sales are offered year-round across all categories. Christie’s global presence is spread across a network of international salerooms and 61 representatives and offices. Christies.com provides detailed articles and videos on the objects offered for sale alongside the latest advances in digital viewing tools to make Christie’s accessible to all.

*Please note when quoting estimates above that other fees will apply in addition to the hammer price - see Section D of the Conditions of Sale at the back of the sale catalogue.

*Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium and are reported net of applicable fees.