Sotheby’s LATAM Night Sale – It was a Sergio Camargo and a Venezuelan Night

The auction went very well, with more than 80% of the lots sold. For Brazilian art it was a great night. Sergio Camargo (Homenagem a Fontana) sold for $1.5 million, twice the estimate. A small Mira Schendel also sold for twice the estimate, $0.27 million. It may be Camargo’s record in a public auction. Wifredo Lam sold for $4.4 million(double of estimate) and it was the highest price of the night. Gego was sold for more than twice the estimate at $0.6mm. Cruz-Diez and Jesus Soto sold very well at high prices. On the negative side, the most expensive lot with an estimated price of $5million, Diego Rivera did not sell. Beatriz Milhazes also did not sell. Milhazes bid was $100 thousand below the estimate.

About Pedrinho Barbosa

News about Art, Eduction, Tech, Politics and Tech. Pedro is an ex-trader and househusband. He spends his time as a Contemporary Art Aficionado.
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2 Responses to Sotheby’s LATAM Night Sale – It was a Sergio Camargo and a Venezuelan Night

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