Latin American Art auction totals $14.7m

Christie's Latin American art sale has concluded with some excellent prices for its top lots.

The one piece hoped to sell for over $1m, Fernando Botero's bronze sculpture Mujer Fumando, did so, close to the high end of its estimate range at $1.14m to a US bidder.

Fernando Botero Mother and Child
Botero's Mother and Child

That wasn't the only excitement of the night for the Columbian artist, as his painting Mother and Child sold for $614,500 - a world record for the artist for a work on paper.

Other works we focussed on: Rufino Tamayo's Mujeres and Wifredo Lam's untitled work sold on target at $698,500 and 662,500 respectively.  Another work of Tamayo's, Pájaros - a painting of birds perching with a sinister feel to it - likewise sold for 566,500.

Tamayo's Pajaros
Tamayo's Pajaros

One work which did particularly well was Chilean artist Claudio Bravo's recent oil painting White, Blue and Yellow Papers.

Bravo is known as a master of light and texture, and his extraordinarily ability is displayed to the full in capturing the patterns within the scrunched up papers. The lot, estimated as low as $400,000 impressed bidders sufficiently for one to pay $722,500.

Claudio Bravo's White, Blue and Yellow Papers

"The extraordinary results achieved tonight across all categories - paintings, sculpture, and works on paper - indicate a comeback for the market" commented a delighted Virgilio Garza of Christie's.

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