Rivera, Tamayo lead Latin art sales

ROUGH CUT - NO REPORTER NARRATION STORY: A selection of art works go under the hammer this week as part of spring Latin American art sales in New York, with paintings by Diego Rivera and Rufino Tamayo among the top lots. Christie's will split its auction of some 250 lots into two evenings on Wednesday (May 25) and Thursday (May 26), with Tamayo's "Maestros cantores" estimated at $2 million to $3 million (USD) and Rivera's "Nina con rebozo" seen fetching $1 million to $1.5 million. "Nina con rebozo" comes from the private collection of Spanish opera legend Placido Domingo. "The sale is strong in respect to Latin American modernism, in particular there is a strong concentration of the Mexican school of painting," explained Virgilio Garza, head of Christie's Latin Art Department. "One of the principal lots is a painting by Diego Rivera from a key period in the artist's life," he added. Auction house Sotheby's will offer around 200 pieces for sale on Tuesday (May 24), including Tamayo's "El Fisgon," which has an estimated value of $1 million to $1.5 million. "We have about 200 different pieces with an approximate value of $19-$24 million dollars. We've split the sale into two parts: the first part with modernist works of the Mexican school, realism, to hyper-realism, surrealism; and the second with constructivism and other more abstract themes," explained Axel Stein, the head of Sotheby's Latin Art department. Items in the modern sale include works by Astro Errante, Claudio Bravo, and Fernando Botero. Of particular interest for Stein is a 1931 potrait by Cuban artist Wilfredo Lam of his wife, who died along with their infant son from tuberculosis shortly after their marriage.

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