Press | Phillips

24 May 2017

Phillips' Latin American Art Auction Realizes $4,272,375

SALE RESULTS

Latin America

New York, 24 May 2017

Sale Total: $4,272,375 / £3,303,828 / €3,822,067

Lots Sold: 49 | Lots Offered: 92
Sold by Lot: 53% | Sold by Value: 61%

Kaeli Deane, Phillips’ Head of Sale, Latin American Art, said, “With Carmen Herrera, Lygia Pape, Remedios Varo, and Leonora Carrington leading the auction, it is clear that there is continued demand for female Latin American artists by collectors around the globe. We were also thrilled with the results for Jorge Eielson’s untitled work from 1974, which soared past its estimate of $10,000-15,000, selling for $57,500. We look forward to our next auction of Latin American Art in New York in November.”

 

TOP TEN LOTS

Lot

Description

Estimate

Price Achieved

15

Carmen Herrera, Untitled               , 1971

$400,000-600,000

$466,000

£360,358 / €416,884

10

Lygia Pape, Livro noite e dia (Book of Night and Day), 1963-1976

$300,000-500,000

$430,000

£332,519 / €384,678

19

Remedios Varo, La Mujer libélula (Dragonfly Woman), circa 1961

$300,000-500,000

$394,000

£304,680 / €352,472

20

Leonora Carrington, Pastoral, 1950

$500,000-700,000

$346,000

£267,562 / €309,532

21

Wifredo Lam, Untitled, 1943

$300,000-500,000

$322,000

£249,003 / €288,061

32

Fernando Botero, Sitting Woman, 2010

$300,000-500,000

$274,000

£211,884 / €245,120

18

Gabriel Orozco, Samurai Tree 6C, 2006

$200,000-300,000

$231,250

£178,826 / €206,876

12

Beatriz Milhazes, O Cisne, 2001

$200,000-300,000

$218,750

£169,159 / €195,694

31

Fernando Botero, Untitled

$200,000-300,000

$200,000

£154,660 / €178,920

8

Joaquín Torres - García, Composición, 1944

$120,000-180,000

$143,750

£111,162/ €128,599




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