Shane Ferro
Art market news and commentary by the staff of Art+Auction

MARKET WATCH: Art market news and commentary by the staff of Art+Auction

Christie’s Latin American Sales Bring In a Modest $17.9 Million

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Christie’s two-day Latin American sales fell short of the house’s $20 million pre-sale estimate, the final total coming in at $17.9 million with 68 percent of lots sold. New auction records were set for Tomás Sánchez ($626,500), Iberê Camargo ($42,500), and 26 other artists. But taking the top spot once again was reigning Colombian master Fernando Botero, whose bronze “Horse,” reached the high end of its estimate at $938,500.

Here are the top 10 lots:

1. Fernando Botero, “Horse,” 1999, $938,500

2. Rufino Tamayo, “Tres Personajes en un Interior,” 1970, $698,500

3. Tomás Sánchez, “Buscador de Paisajes,” 2005, $626,500

4. Tomás Sánchez, “Llegada del Caminante a la Laguna,” 1999, $602,500

5. Fernando Botero, “Nun Eating an Apple,” 1981, $602,500

6. Diego Rivera, “Portrait of Linda Christian,” 1947, $578,500

7. Francisco Zúñiga, “Juchiteca Sentada,” 1972-1979, $554,500

8. Wilfredo Lam, “Untitled,” 1944, $482,500

9. Candido Portinari, “Lampião e Maria Bonita,” 1947, $482,500

10. Iberê Camargo, “Jogo de carretéis I,” 1967, $422,500

— Rachel Corbett

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