A wealth of exceptional contemporary and modern works dominate Cuban art in this week’s Latin American sales, especially at Christie’s. All three houses have outstanding works on offer, many of them carrying attractive estimates.
With this month’s modern and contemporary sales reportedly down 45 percent over last May’s figures, expectations for the week’s Latin American sales were moderate at best. But works by Cuban artists turned in solid results at all three auction houses, with some notable breakthroughs.
Next week brings the spring Latin American sales to New York City, and with them, a strong slate of contemporary and 20th-century Cuban works—and even more Lams than last season. Last November, several contemporary works soared past their high estimates. Will the trend continue?