COMMITMENT TO LATIN AMERICAN ART
With our long history of expertise and our unwavering commitment to the category, Christie’s leads the market for Latin American Art. We offer outstanding works by artists at the forefront of the category in our marquee modern and contemporary sales in New York, Paris, London and Hong Kong, as well as in dedicated auctions of Latin American art in New York.
Our spring 2025 sales witnessed unprecedented enthusiasm and new benchmark prices for key artists of the 20th and 21st centuries, as well as continued breakthrough prices for works from the colonial era.
SPOTLIGHT ON MAY 2025
Latin American Art performed exceptionally well in the global context of our 20th and 21st Century art auction series, with 100% sellthrough rate and strong performances against low estimate.
SALE
YORK | MAY 2025
(also titled El relojero), 1955
$3,500,000–5,500,000
DIEGO
CARLOS
REMEDIOS VARO
CARMEN
YEAR-TO-DATE
LATIN AMERICAN ART IN 2025
2025 year-to-date continued to build upon the success of Christie’s previous seasons, showing enthusiastic demand for quality works by leading artists in the category. Across sales, Christie’s achieved $29 million, gaining definitive market share in the category.
PRIVATE SALES
Another crucial element of our dynamic approach to the selling of Latin American art is the private sale option.
CHRISTIE’S OVERALL
PRIVATE SALES IN 2024
Christie’s maintains unparalleled success with private sales of Latin American Art. In 2025, the magnitude of transactions has been unprecedented. The department has successfully placed major works by Fernando Botero, Olga de Amaral, Remedios Varo, Carmen Herrera, Rufino Tamayo and others at major institutions and in private collections at price levels that often far exceed the artist’s record at auction. $1.5B
EXCEPTIONAL PRICES FOR LATIN AMERICAN ART IN 2025
REMEDIOS VARO
Revelación (also titled El relojero), 1965
Estimate: $3,500,000-5,500,000 Sold for $6,221,000 Christie’s New York, May 2025
178%
The Journey of Ay Ching Gão, 1978
Estimate: $600,000-800,000
El candor del estio, 1990
Estimate: $50,000-70,000
Estimate: $25,000–35,000
LEONORA CARRINGTON
Naturaleza muerta, circa 1957
Estimate: $40,000-60,000
for $132,300
New York, May 2025 331% OF
FABELO Meditación en el jardín de la noche, 2014
Estimate: $60,000–80,000
Monje Jerónimo con ángel
Estimate: $30,000-40,000 Sold for $126,000 Christie’s New York, February 2025
FERNANDO BOTERO
SUCCESS IN THE CURRENT MARKET
Christie’s is the market leader for Fernando Botero, having achieved record prices in both the current and historic markets.
Christie’s has achieved 4 of the top 5 prices for the artist at auction, all in New York from 20222024. We have similarly achieved record prices through our private sale platforms.
FERNANDO BOTERO SOLD AT CHRISTIES AUCTION | NEW YORK | 2024-2025 YTD
HIGHLIGHTS
FERNANDO BOTERO
The Musicians, 1979
Estimate: $2,500,000-3,500,000
Sold for $5,132,000
Christie’s New York, November 2023
205% OF LOW ESTIMATE
WORLD AUCTION RECORD FOR THE ARTIST
FERNANDO BOTERO
Man on a Horse, 1999
Estimate: $2,000,000-3,000,000
Sold for $4,320,000
Christie’s New York, March 2022
216% OF LOW ESTIMATE
THIRD-HIGHEST PRICE FOR THE ARTIST AT AUCTION
WORLD AUCTION RECORD FOR THE ARTIST AT TIME OF SALE
FERNANDO BOTERO
Hombre que fuma, 1976
Estimate: $100,000-150,000
Sold for $428,400
Christie’s New York, March 2024
428% OF LOW ESTIMATE
FERNANDO BOTERO
Hombre fumando, 1980
Estimate: $500,000-700,000
Sold for $1,744,000
Christie’s New York, March 2024
349% OF LOW ESTIMATE
FERNANDO BOTERO
The Playroom, 1970
Estimate: $3,000,000–5,000,000
Sold for $3,680,000
Christie’s New York, November 2024
123% OF LOW ESTIMATE
FIFTH-HIGHEST PRICE FOR THE ARTIST AT AUCTION
FERNANDO BOTERO
Shoeshine, 1989
Estimate: $800,000–1,200,000
Sold for $1,171,800
Christie’s New York, February 2025
146% OF LOW ESTIMATE
SPANISH COLONIAL ART: IN FOCUS
The market for colonial art of Latin America continues to grow and show strength, with bidders and buyers seeking out top quality works from the era. Through Christie’s live and online auctions, important and rare works from the 17th and 18th centuries have been acquired by foundations, museums and private collectors across the globe.
ANONYMOUS (CUZCO SCHOOL, 8TH CENTURY)
Altar of Our Lady of Cocharcas with Saint Joseph and the Holy Child, Saint Vincent Ferrer, Saint Rose of Lima and Saint Jerome
Estimate: $20,000-30,000
Sold for: $107,100
Christie’s Online, October 2023
535% OF LOW ESTIMATE
LUIS LAGARTO
Monje Jerónimo con ángel
Estimate: $30,000-40,000
Sold for: $126,000
Christie’s New York, February 2025
420% OF LOW ESTIMATE
WORLD AUCTION RECORD FOR THE ARTIST
ANONYMOUS (BOLIVIAN, 18TH CENTURY)
Saint Michael Archangel
Estimate: $15,000-20,000
Sold for: $100,800
Christie’s Online, October 2023
672% OF LOW ESTIMATE
(ANDEAN, 18TH CENTURY)
Immaculate Conception and the Holy Trinity
Estimate: $10,000-15,000
Sold for: $113,400
Christie’s Online, October 2023
1,134% OF LOW ESTIMATE
LOPEZ DE HERRERA
Saint Teresa of Ávila
Estimate: $12,000-18,000
Sold for: $100,800
Christie’s Online, October 2023
840% OF LOW ESTIMATE
ANONYMOUS (CUZCO SCHOOL, 18TH CENTURY)
The Virgin Adoring the Christ Child with Two Saints
Estimate: $15,000-20,000
Sold for: $239,400
Christie’s Online, October 2024
160% OF LOW ESTIMATE
ANONYMOUS (PERUVIAN, LATE 18TH CENTURY)
La dinastía Inca
Estimate: $40,000-60,000
Sold for: $226,800
Christie’s New York, February 2025
567% OF LOW ESTIMATE
CIRCLE OF DIEGO QUISPE TITO
Immaculate Conception
Estimate: $60,000-80,000
Sold for: $189,000
Christie’s New York, February 2025
315% OF LOW ESTIMATE
ANONYMOUS (PERUVIAN VICEROYALTY, 18TH CENTURY)
San Juan Bautista con donante
Estimate: $20,000-30,000
Sold for: $69,300
Christie’s Online, March 2024
346% OF LOW ESTIMATE
ANONYMOUS (QUITO SCHOOL, 18TH CENTURY)
Adoración de los Pastores
Estimate: $15,000-20,000
Sold for: $47,880
Christie’s Online, October 2024
319% OF LOW ESTIMATE
ANONYMOUS
ALONZO
GLOBAL LATIN AMERICAN ART TEAM
ARGENTINA