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.
Next week, the three major auction houses hold back-to-back Latin American art sales starting Tuesday morning, November 21. While we await the results for Cuban artworks in the mainstream contemporary sales—previewed last week—here are the Cuban lots to watch in next week’s sales.
Last summer, Sotheby’s announced that it was incorporating contemporary Latin American art into its mainstream sales. We follow up with a look at Cuban lots in next week’s contemporary auctions, and highlight the Cuban lots to watch in Christie’s online Latin American Art sale.
With Sotheby’s decision to fold contemporary Latin American art into its core contemporary sales and Christie’s spotlight on Cuban art, the auction market is catching up with museums and galleries.