Our 28-29 May auction of Latin American Art brought an astounding $18 million. Leading the sale was Lygia Clark's 1960 large aluminum sculpture, Bicho-Em-Si-Md (No. IV), that sold for nearly double the high estimate for $1.2 million and shown here.
Also performing strongly was Joaquin Torres-Garcia's oil piece Grafismo Infinito selling above the high estimate at $1 million.
The 28th and 29th May sales of Latin American Art / Modern and Contemporary will feature highly important works of art from the major art movements of the 20th Century. Leading the sale is a group of magnificent Cubist, Constructivist, Concrete and Geometric works by artists from Mexico, Uruguay, Brazil and Venezuela. On May 28th, Sotheby´s will offer an early Cubist composition by Diego Rivera, executed in 1916, a large Constructivist painting by Joaquín Torres-García from 1937 (see image), Lygia Clark’s aluminum large sculpture Bicho-Em-Si-Md (No. IV), an early and fine black and white Escritura by Jesús Rafael Soto, a rediscovered, 1961 Physichromie by Carlos Cruz-Diez and other important works by Mathias Goeritz, Mira Schendel, Ivan Serpa, Getulio Alviani, and Willys de Castro. The Cuban Vanguardia section of the sale is led by two superb paintings by Mario Carreño and Cundo Bermúdez , both executed in 1943. The sale will also will include important works by Contemporary artists such as Arturo Herrera, Vik Muñiz and Guillermo Kuitca among others.