Rivera, Matta Could Continue the 'May Madness' at Auctions

  • May 21, 2012 22:37

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Matta (Chilean 1911-2002) La révolte des contraires inscribed 'Revolte des contraires' (on the reverse) oil on canvas 38 x 50 in. (96.5 x 127 cm.) Painted in 1944. Estimate: $1,800,000 - $2,500,000
Diego Rivera's 1939 oil on canvas painting "Niña en Azul y Blanco," (Retrato de Juanita Rosas a los Diez Años de Edad) at Sotheby's.

In the wake of record-breaking sales that took place earlier this month, started off by Edvard Munch's $120 million "The Scream,"  both Christie’s and Sotheby’s will be conducting auctions of Latin American art this week.

Leading the Sotheby’s line up is “Girl in Blue and White,” 1939, by famed Mexican artist Diego Rivera.  The on-again off-again husband of Frida Kahlo, Rivera is known primarily for his mural work.  Mexico’s national heritage laws bar the export of Rivera’s work, which could drive the price of “Girl in Blue and White” higher. 

Wuth a previous rercord of $3 million, Rivera's work might sells for the high end of its $4 million to $6 million estimate.

Christie's top lot is "La revolte des contraires," created in 1944 by Chilean abstract expressionist, and teacher to Jackson Pollock, Roberto Matta.  The work is estimated to go for between $1.8 million and $2.5 million.  Surrealist works by Leonora Carrington and Wilfredo Lam will also be on offer.

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