The dedicated themed sale Latin America: The Legacy of Abstraction, totaled $6,713,000, with 89% of lots sold. Joaquín Torres-García’s Estructura ocre constructiva soared over its high estimate to sell for $970,000 (est. $400/600,000). Other highlights included Jesús Rafael Soto’s Salon de Mai, which sold for $880,000, becoming one of the top prices for the artist at auction (est. $600/800,00), and Concetto Spaziale, from the peak of Argentine artist Lucio Fontana’s illustrious career, which fetched $598,000 (est. $400/600,000). Artist records were also set for Elsa Gramcko, Mateo Manaure, Nedo, Gerd Leufert, Francisco Salazar, and Luis Guevara Moreno.
Latin America: The Legacy of Abstraction presents a selection of leading artists exploring the essence and impact of abstraction in Latin America throughout the 20th century. Artists participating in this landmark sale include: Lucio Fontana, Carlos Cruz Diez, Jesús Rafael Soto, Mira Schendel, León Ferrari, Mathias Goeritz, Alejandro Otero and Lygia Clark, amongst others.