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Carlos Cruz-Diez
Physichromie 164
1965
$722,500
Christie's New York
May 22, 2012
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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.

...more

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