Frida Kahlo Shatters Auction Record Held by Latin ArtistHer self-portrait sold for a staggering $34.9m USD at Sotheby’s November Sale.
Sotheby’s is currently hosting a number of exorbitant art sales, with the prestigious Macklowe Collection being the centerpiece of the week-long event. Unsurprisingly, Frida Kahlo‘s iconic self-portrait, Diego y yo (Diego and I) more than lived up to its pre-auction hype by selling for a record-shattering $34.9m USD.
Made in 1949, the painting depicts the artist in a melancholic state — ruminating on her partner and fellow artist, Diego Rivera, and his series of unfaithful acts. Previously, Rivera held the record for an artwork sold by a Latin American artist when one of his paintings sold for $9.8m USD. “You could call tonight’s result the ultimate revenge,” said Ana di Stasi, a Sotheby’s New York private sales representative, adding that it really marks the “ultimate validation of Kahlo’s extraordinary talent and global appeal.”
Diego y yo (Diego and I) sold to Argentine financier Eduardo F. Costantini, who on top of being a top collector in the world, founded Buenos Aires’ Fundación Malba (MALBA Museum). Check the list below to see the remaining events for Sotheby’s New York November Sale Week.
Sotheby’s New York November Sale Week:
The Now Evening Auction: November 18, 2021 at 6pm EST
The Constitution of the United States: November 18, 2021 at 6:30 pm EST
Contemporary Evening Auction: November 18, 2021 at 7pm EST
Contemporary Day Auction: November 19, 2021 at 10am EST