Diego Rivera Painting Sells Privately for Record Price

  • Dance in Tehuantepec (Baile in Tehuantepec), 1928 by Diego Rivera

    Dance in Tehuantepec (Baile in Tehuantepec), 1928 by Diego Rivera

A Diego Rivera painting has sold privately for $15.7 million, setting a world record price for any Latin American work of art, Phillips auction house said Friday.

The price for "Dance in Tehuantepec" nearly doubles the figure paid at auction last week for a painting by Frida Kahlo, Rivera's wife. Her "Two Nudes in the Forest (The Land Itself)" set a new auction record for Latin American art.

The buyer, Argentinian collector Eduardo Costantini, told The Associated Press that he has waited 20 years to acquire "Dance in Tehuantepec," which he unsuccessfully tried to purchase in 1995 when it came up at auction at Sotheby's.

More News Feed Headlines

"Vermeer and the Masters of Genre Painting: Inspiration and Rivalry," on view October 22, 2017 – January 21, 2018, at the National Gallery, DC.  Shown: Johannes Vermeer, Woman Holding a Balance, c.  1664, oil on canvas, National Gallery of Art, Washington, Widener Collection.

ARTFIXdaily Closed for Thanksgiving Week

  • November 19, 2017 22:18

ARTFIXdaily will be closed the week of November 20 for the Thanksgiving holiday. E-newsletter ...

Read More

'Salvator Mundi' or ‘Saviour of the World’ by Leonardo da Vinci

$450.3 Million Leonardo Da Vinci Painting Shatters Auction Records

  • November 15, 2017 20:51

The $100 million estimate was apparently pretty conservative. Leonardo da Vinci's painting ...

Read More

Vincent van Gogh's Laboruer dans un champ (1889)

$1.6 Billion Auction Week Underway with a Leading Leonardo

  • November 14, 2017 22:14

New York's auction gigaweek has begun with several marquee lots in this anticipated annual ...

Read More

The two versions of Ross Bleckner's 'Sea and Mirror.'

Alec Baldwin Settles with Art Dealer Over Painting

  • November 13, 2017 20:53

Actor Alec Baldwin settled last week with New York art dealer Mary Boone after a lengthy and ...

Read More

Related Press Releases

 

ArtfixDaily Artwire