Christie's - Latin American Art
March 12th, 2024 - New York
Executive Summary
The Latin American Art auction showcased a commendable sell-through rate of approximately 73%, with 43 out of 59 lots sold, signaling strong market demand for Latin American artworks. The total hammer price of $11,056,892.56, coupled with a total value of $14,239,040.00 after including buyer's premiums, underscores a thriving art market segment keen on acquiring significant pieces from this region. An average price per lot of $331,140.47 indicates the auction featured high-caliber artworks, potentially including highly sought-after artists or particularly rare pieces.