Nov 25, 2014 10:13 AM
Latin American art auctions set artist records
The Associated Press
NEW YORK (AP) A bronze sculpture by Fernando Botero has set a new auction record for the Colombian artist.
"Adam and Eve" sold for $2.5 million at Christie's on Monday.
Another edition of the work decorates the lobby of the Time Warner Center in New York City. The previous record for Botero was $2 million for his painting "Four Musicians," which sold in 2006.
At Sotheby's, the sale of Latin American art set 12 artist records Monday evening. The works came from the collection of Mexican businessman and arts patron Lorenzo Zambrano.
The highlight of the sale was "Towards the Tower" by the Spanish-Mexican artist Remedios Varo (ray-MAY'-day-ohs VAH'-roh). It sold for $4.3 million. Sotheby's says it's the second highest price for a Latin American female artist at auction.