Art Market Watch
SPRING SALES OF LATIN AMERICAN ART
by Jessica Mizrachi
The New York auction houses --
Phillips de Pury & Co.,
Christie’s and
Sotheby’s -- turned their gaze toward Latin America last week. All together, 29 lots by
Fernando Botero were offered, but a 1939 portrait of a young girl by
Diego Rivera at Sotheby’s carried the highest estimate of all, $4 million-$6 million, though it failed to sell.
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