Breaking News: Record-Setting Prices for Contemporary Cuban Art at Christie’s Sale
With next week’s “New Now” sale of contemporary art, Phillips makes good on its plan to integrate Latin American art into its international sales—including a special section on Cuban art.
Responding to what it called “an increasingly globalized market for the category,” Phillips announced last week that it was incorporating Latin American art into its ongoing international sales. The move comes amid an increasing international museum focus on Latin American and Caribbean art.
In an interesting turnaround this auction season, Wifredo Lam and his 20th-century contemporaries weren’t the focus for Cuban art. Instead, contemporary Cuban art took the spotlight, turning in solid results and setting impressive new records.