• Press release
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  • New York
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  • For immediate release
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  • 24 October 2019

RELEASE | Christie's Announces Latin American Art November Sales



(From left to right) Fernando Botero (B. 1932), Tablao flamenco, oil on canvas, 79 x 79 in. (201.3 x 202.6 cm.), Painted in 1984. Estimate: $1,500,000-2,000,000; The James and Marilynn Alsdorf Collection, FRIDA KAHLO (1907-1954), The Flower Basket, oil on copper, 25 in. (64.1 cm.) copper plate, 31 in. (80 cm.) framed, diameter, Painted in 1941. Estimate: $3,000,000-5,000,000; FRIDA KAHLO (1907-1954), Portrait of a Lady in White, oil on canvas, 46 x 32 in. (118.1 x 81.3 cm.), Painted circa 1929. Estimate: $3,000,000-5,000,000

New York – Christie’s announces the fall season of Latin American Art with the live auction taking place November 20 and 21 and an online auction running November 16-26. As the only major auction house with dedicated sales in the category, this season offers a comprehensive selection from 17th and 18th-century Spanish colonial painting through modern and contemporary masterpieces. Together the sales expect to realize in excess of $25 million. Featured are works from private collections including The James and Marilynn Alsdorf Collection, The William Louis-Dreyfus Foundation, The Collection of Dr. Helga Prignitz-Poda, The Collection of Richard L. Weisman, and Divine Splendor: Spanish Colonial Art from The Collection of James Li. Works from the live and online auctions will be on view November 16-20 at Christie’s Rockefeller Plaza.

Leading the sale are two stunning works by Frida Kahlo including The Flower Basket (estimate: $3 – 5 million) from The James and Marilynn Alsdorf Collection. Painted in 1941, this tondo, or circular-shaped painting on copper, is one of two such still lifes painted by Kahlo in the same year. The pendant work hangs in the Casa Azul, the artist’s museum in Mexico City. First acquired from Kahlo by actress Paulette Goddard — a friend of both the artist and her husband painter Diego Rivera — The Flower Basket has since been privately held and lent for exhibitions on only very limited occasions. This exuberant and colorful painting celebrates Kahlo’s love of nature as well as a particularly happy moment of her life, as she and Rivera had just remarried after a brief divorce.

Rare and never-before offered at auction, Frida Kahlo’s Portrait of a Lady in White (estimate: $3 – 5 million) from The Collection of Dr. Helga Prignitz-Poda, is an outstanding oil on canvas painted around the time of the artist’s marriage to Rivera in 1929. Always held in private collections, this alluring portrait was initially gifted by Kahlo to the esteemed Mexican photographer Lola Álvarez Bravo. It has generally been accepted that the sitter in this elegant portrait was Dorothy Brown Fox, an American friend of the artist. However, recent research suggests that this enigmatic woman may be Elena Boder, a Russian émigré, influential doctor, and high school friend of Kahlo’s.

Christie’s is also honored to offer Property From The William Louis-Dreyfus Foundation, featuring works by the widely-revered Mexican master Francisco Toledo. A standout is El elefante (estimate: $800,000 – 1,200,000), an exceptional painting that showcases the artist’s tremendous skill and unique vision. Proceeds from the sales will benefit the late philanthropist’s eponymous foundation and The Harlem Children's Zone.

Another highlight of the sale is Fernando Botero’s Tablao flamenco (estimate: $1.5 – 2 million). Executed in 1984, this work is one of the most important paintings by the artist to come to auction in recent years. Complementing this piece is a robust selection of works by the Colombian master that includes paintings, drawings and exquisite sculptures ranging from tabletop to large-scale.

Additional highlights include and early 1925 composition by Rufino Tamayo, The Family (estimate: $600,000-800,000), Tomás Sánchez’s haunting Orilla con meditador oculto (estimate: $200,000 – 300,000), and an iconic façade painting by Brazilian artist, Alfredo Volpi, Untitled (Fachada) (estimate: $350,000 – 450,000).

About Christie’s

Founded in 1766, Christie’s is a world-leading art and luxury business. Renowned and trusted for its expert live and online auctions, as well as its bespoke private sales, Christie’s offers a full portfolio of global services to its clients, including art appraisal, art financing, international real estate and education. Christie’s has a physical presence in 46 countries, throughout the Americas, Europe, Middle East, and Asia Pacific, with flagship international sales hubs in New York, London, Hong Kong, Paris and Geneva. It also is the only international auction house authorized to hold sales in mainland China (Shanghai).

Christie’s auctions span more than 80 art and luxury categories, at price points ranging from $200 to over $100 million. Christie’s has sold 8 of the 10 most important single-owner collections in history, including the Paul G. Allen Collection—the most valuable collection ever offered at auction (November 2022). In recent years, Christie’s has achieved the world record price for an artwork at auction (Leonardo da Vinci’s Salvator Mundi, 2017), for a 20th century artwork (Andy Warhol’s Shot Sage Blue Marilyn, 2022) and for a work by a living artist (Jeff Koons’ Rabbit, 2019). 

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