Latin America

Phillips's Latin American Art department continues to achieve exponential growth, emphasizing the success of our approach as the only auction house to view the art of Latin America through a contemporary lens.

Phillips consistently accomplishes exceptional results for works by important and emerging Latin American artists. Since 2009 the department has seen a 305% growth in auction sales totals. The November 2015 season proved to be a historic one, as the department realized its highest value sale to date. This sale was the first ever Latin American Art Auction to include living female artists on both the front and back cover of the sale catalogue. Doris Salcedo’s Untitled, featured on the front cover achieved $665,000 setting a world auction record for the artist, and Beatriz Milhazes’ exquisite work O Moderno illustrated on the back cover sold for $1,265,000. The department also set auction records for other leading female artists including Carmen Herrera’s Basque which sold for $437,000 and Olga de Amaral’s Umbra 53, achieved $449,000.

These most recent accomplishments continue Phillips long tradition of outstanding results for the work of female artists at auction. Past results included Tania Bruguera’s Destierro, which sold for $81,250, and Rivane Neunschwander’s One Thousand and One Possible Nights, which sold for $75,000 in May 2015. Phillips still holds the world auction record for a work by a Brazilian artist, set by Lygia Clark’s Contra Relevo (Objeto No. 7), which sold for $2,225,000 in May 2013.

Phillips continues to successfully lead the market for contemporary art of Latin America while building a unique platform by which to attain outstanding results for modern masters, such as Diego Rivera, Rufino Tamayo, Amelia Peláez, and Wifredo Lam, whose masterpiece, Présage sold for $2,629,000 in May 2015.

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News & Results

  • PRESS RELEASE: 04 January 2017

    Phillips is pleased to announce the appointment of Cândida Sodré as Regional Director in Brazil, part of the company’s significant international expansion strategy.

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  • PRESS RELEASE: 22 November 2016

    Phillips’ Latin America sale achieved $4,163,500 and was led by Diego Rivera’s Retrato de Marevna (Portrait of Marevna), 1916, which realized $970,000.

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  • PRESS RELEASE: 03 November 2016

    Phillips to Offer 100 Years of Latin American Art Sale on 22 November to Feature Works by Rivera, Cruz-Diez, Pape, & Lam Proceeds from the Auction of Nine Works to Benefit VivArte.

    Read more

More Press Releases >

Recent Videos

Diego Rivera’s Cubist Affair

Around 1916, Diego Rivera began to refine his Cubism toward a more purist abstraction of geometric s…

More Videos >

News & Results

  • PRESS RELEASE: 04 January 2017

    Phillips is pleased to announce the appointment of Cândida Sodré as Regional Director in Brazil, part of the company’s significant international expansion strategy.

    Read more

  • PRESS RELEASE: 22 November 2016

    Phillips’ Latin America sale achieved $4,163,500 and was led by Diego Rivera’s Retrato de Marevna (Portrait of Marevna), 1916, which realized $970,000.

    Read more

  • PRESS RELEASE: 03 November 2016

    Phillips to Offer 100 Years of Latin American Art Sale on 22 November to Feature Works by Rivera, Cruz-Diez, Pape, & Lam Proceeds from the Auction of Nine Works to Benefit VivArte.

    Read more

More Press Releases >

Recent Videos

Diego Rivera’s Cubist Affair

Around 1916, Diego Rivera began to refine his Cubism toward a more purist abstraction of geometric s…

More Videos >