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the venice biennale spotlights the market for latin american art

The Venice Biennale, often called the 'Olympics of the art world,' is spotlighting Latin American art in its 2024 edition. Curated by Adriano Pedrosa, director of the São Paulo Museum of Art and the first South American and openly queer person to hold the role, the exhibition titled 'Foreigners Everywhere' features over 330 artists, with more than 80 having ties to Latin America—about 24 percent of the show, up from 11 percent in 2022. The article examines the market for Latin American art, noting that while auction records exist (e.g., Frida Kahlo's $34.9 million painting), total auction volume for Latin American artists has declined from $388.3 million in 2015 to $245.5 million last year, reflecting a specialized market dominated by a few internationally recognized figures.

why leonora carringtons otherworldly sculptures are generating interest and controversy

Leonora Carrington, the British-born Surrealist artist, has seen a dramatic revival of interest in her work, with her paintings breaking auction records and her sculptures gaining new attention. However, a bitter dispute has emerged between supporters of her later bronzes and critics questioning their legitimacy, complicating her legacy. Carrington lived most of her life in Mexico and died in 2011 at age 94, but her reputation has soared posthumously, marked by a 2015 retrospective at Tate Liverpool, her influence on the 2022 Venice Biennale, and a current retrospective traveling from Palazzo Reale in Milan to Musée du Luxembourg in Paris. Her painting *Les Distractions de Dagobert* (1945) sold for $28.5 million at Sotheby’s New York in May 2024, setting a record for a British-born female artist, while her wooden sculpture *La Grande Dame (The Cat Woman)* (1951) fetched over $11.4 million in November 2024.

art basel 2025 major works sales

Art Basel 2025 opened in Basel, Switzerland, with nearly 300 leading galleries showcasing high-value artworks despite a turbulent art market. Major works include a Gerhard Richter abstraction (1987) at David Zwirner, priced around $30 million, a Ruth Asawa hanging sculpture sold for $9.5 million, and Picassos at Pace and Helly Nahmad Gallery, with the latter's *Femme nue couchée jouant avec un chat* (1964) listed at $28 million after fetching $21.2 million at auction two years ago. The fair runs through Sunday, offering rare opportunities to view and purchase blue-chip pieces.

10 most expensive women artists

A Frida Kahlo painting, *El Sueño (La Cama)* (1954), sold at Sotheby’s New York for $54.7 million, setting a new auction record for the most expensive artwork by a female artist. The article, using data from the Artnet Price Database, lists the ten most expensive women artists at auction, including Lee Krasner ($11.6 million for *The Eye is the First Circle*), Jenny Saville ($12.4 million for *Propped*), Marlene Dumas ($13.6 million for *Miss January*), and Agnes Martin ($18.7 million for *Grey Stone II*).

malba acquires 1200 works

Eduardo F. Costantini, founder of the Museo de Arte Latinoamericano de Buenos Aires (Malba), announced the acquisition of the Daros Latinamerica Collection in Zurich, adding 1,233 works by 117 artists to the museum's holdings. This roughly doubles Malba's collection to 3,000 works, with a major expansion project planned to accommodate the new pieces, set to begin next fall to mark the museum's 25th anniversary. Highlights include works by Doris Salcedo, Ana Mendieta, Julio Le Parc, Alfredo Jaar, Lygia Clark, and Jesús Rafael Soto, with 75 artists new to Malba.

frida kahlo painting sothebys record woman surrealism

Frida Kahlo's 1940 self-portrait *El sueño (La cama)* sold for $54.7 million at Sotheby's New York on November 20, far exceeding its pre-sale estimate of $40–60 million. The painting, consigned by the estate of Selma Ertegun, was won by a phone bidder handled by Sotheby's senior vice president Anna Di Stasi. The sale broke Kahlo's previous auction record of $34.9 million set in 2021 for *Diego y yo*, as well as the record for a Latin American artwork and the overall record for a work by a woman artist at auction, surpassing Georgia O'Keeffe's $44.4 million *Jimson Weed/White Flower No. 1*.

11 New Artist Auction Records Set in May 2025

During New York's spring auction week starting May 12, 2025, major houses Sotheby's, Christie's, Phillips, and Bonhams collectively brought in $1.27 billion, slightly above the estimated $1.25 billion but down 17% from the previous year. The top lot was Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black and Blue* (1922) at $47.56 million, but the mood was tense as trophy works like Andy Warhol's *Big Electric Chair* (1967–68) were withdrawn and several top lots, including Alberto Giacometti's *Grande tête mince* (1955), failed to sell. Amid this volatility, 11 new artist auction records were set, five of which were for women artists, notably Marlene Dumas's *Miss January* (1999) selling for $13.65 million—the most expensive work by a living woman artist at auction.