Modern Day Auction

Modern Day Auction

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Masterworks of Mexican Modernism: Property from a Distinguished Private Collection

Diego Rivera

Luna sobre el mercado

Auction Closed

May 17, 10:38 PM GMT

Estimate

600,000 - 800,000 USD

Lot Details

Description

Masterworks of Mexican Modernism: Property from a Distinguished Private Collection

Diego Rivera

1886 - 1957


Luna sobre el mercado

signed Diego Rivera and dated 1929 (lower left) 

encaustic on canvas

39¼ by 27½ in.

100 by 70 cm

Executed in Tehuantepec in 1929.


We wish to thank Professor Luis-Martín Lozano for his kind assistance in confirming the authenticity of this lot.

Aline Liebmann, New York (acquired from the artist)
Parke-Bernet Galleries, New York, 7 December 1955, lot 65 (consigned by the above) 
Selig Burrows, New York (acquired from the above) 
Weintraub Gallery, New York (acquired from the above) 
Acquired from the above in November 1970 by the present owner 

Bertram D. Wolfe, Portrait of Mexico—Paintings by Diego Rivera, London 1937, pl. 62, n.p., illustrated (titled Morning Moon)

Consejo Nacional para la Cultura y las Artes, Instituto Nacional de Bellas Artes, Diego Rivera: Catálogo General de Obra de Caballete, Mexico 1989, no. 879, illustrated

New York, The Museum of Modern Art, Diego Rivera, 1931-1932, no. 33A, p. 52 (titled Market Place)

Rochester, New York, Memorial Art Gallery, 1935

Mexico City, Museo Nacional de Artes Plásticas, Diego Rivera, 50 años de su Labor Artística, Exposición de Homenaje Nacional, 1950, no. 354, illustrated in color

New York, The Metropolitan Museum of Art, 1950 

Nagoya City Art Museum; Tokyo, Seibu Museum of Art and Fukuoka City Art Museum, Renacimiento en el Arte Mexicano: Orozco, Rivera, Siqueiros, 1989, n.n.

Mexico City, Colegio de San Ildefonso, México, esplendores de treinta siglos, 1992-1993, n.n.

Brussels, Europalia Festival, Mexico, El Aguila y el sol (The Eagle and the Sun), 1993, n.n.

San Francisco Museum of Modern Art and Bentonville, Crystal Bridges Museum of American Art, Diego Rivera's America, 2022-23, no. 26, p. 52, illustrated in color

This lot is part of the National Heritage of Mexico and cannot be permanently exported from the country. Additionally, this lot is not at Sotheby’s York Avenue location and is being offered for sale in situ from its current location at the Crystal Bridges Museum of American Art where it is part of the Diego Rivera’s America exhibition, which is scheduled to close July 31, 2023. After Sotheby’s receipt of the full purchase price in cleared funds and the lot’s return from Crystal Bridges, the lot will be released to the Buyer in Mexico in compliance with all local requirements. The Buyer will be responsible for collecting the lot from the consignor, including obtaining the necessary insurance to do so and covering all associated costs and fees. Prospective buyers may contact Sotheby’s representatives in Mexico City and Monterrey at sothebys.mexico@sothebys.com for an appointment to view the work at Crystal Bridges.


Risk of loss for any loss or damage and title to the lot shall transfer to the Buyer upon the Buyer’s collection of the lot. Prior to such time, in the event the lot incurs any loss or damage so that it is not in the substantially the same state as stated in the condition report, Sotheby’s will refund the Buyer any amounts paid for the lot, unless otherwise agreed by the Buyer, the consignor and Sotheby’s. A condition report for the lot is available upon request.


If the Buyer fails to timely relocate the lot within 30 days of notification that it is available for collection other than for reasons beyond the Buyer’s control, Sotheby’s may rescind the sale subject to a fee of 20% of the Hammer Price charged to Buyer by Sotheby’s and the consignor.