Christie’s sale of Latin American art totals $18.2 million

Christie’s sale of Latin American Art achieved $18,240,375 (£11,311,309/€13,574,189), selling 85% by value and 76% by lot.  The top lot of the sale was Mexican artist Rufino Tamayo’s Women Reaching for the Moon, which was sold on behalf of the Cleveland Museum of Art, realizing $1,445,000.

“We are pleased to conclude the day session of our fall Latin American Art sale, which continued the great momentum of the evening session, with excellent prices achieved by artists including Nahum B. Zenil, Alexandre Arrechea, Francisco Mejía-Guinand and Daniel Senise,” said Virgilio Garza, head of Latin American Art. “In the same vein as last night’s session, the success of these lots was demonstrative of the significant interest that exists internationally for works by Latin American artists who are fresh to the auction market.”

Notable world auction records include Toro, oil on canvas by Rodolfo Nieto (Mexican 1936-1985), which sold for $293,000, and Composición No. 1 by Mateo Manaure (Venezuelan b.  1926), which sold for $118,750.