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Childe Hassam
A Paris Nocturne
1889
$3,152,000
Sotheby’s New York
May 24, 2006
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Art Market Watch
May 26, 2006

RECORD KAHLO AT SOTHEBY’S
Frida Kahlo
’s evocative Roots (1943), an oil-on-metal self-portrait with the artist’s reclining body sending out leafy green branches as well as roots reaching into a barren earth, sold for $5,616,000 at Sotheby’s New York auction of Latin American art on May 24, 2006, a result that was at the bottom end of the $5 million-$7 million presale estimate but nevertheless a new auction record for the artist. The small (12 x ca. 20 in.) picture was once owned by Dolores Olmedo, a lover of  Diego Rivera and a trustee of both Kahlo’s and Rivera’s estates, and was featured in the 2005 Kahlo retrospective at Tate Modern in London. It was sold this time around by Houston collector Marilyn Oshman, a former Houston CAM trustee whose family founded Oshman’s Sporting Goods. The buyer was an anonymous telephone bidder.

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