New York City.- Phillips
de Pury & Company is pleased to announce the highlights from its
Latin American Contemporary Art auctions. The Evening auctionon November 14th
will feature 33 lots with a low estimate of $5,935,000 and a high estimate of
$8,205,000. The Day auction on November 15th will comprise of 104 lots with a
low estimate of $1,099,000 and a high estimate of $1,585,500. “For years the
Latin American sales in New York have been almost exclusively focused on
Figurative art of a particularly regional nature, not representing well the
extraordinary artistic production of Brazil, which of all the countries in Latin
America best understood and absorbed Modernist art of Europe and North America.
In 1950 Max Bill had a major
retrospective in São Paulo and in 1953 Pablo Picasso’s Guernica was brought to the newly formed
São Paulo Biennial, the second
oldest art biennial in the world.  For 60 years Brazil has produced
generation after generation of radical and progressive contemporary artists;
these men and women not only absorbed Brazilian cultural influences into their
work but also drew upon and understood the cutting edge of contemporary art on
other continents. The Phillips sale will showcase on the international auction
market the importance of modernist and contemporary art produced in Latin
America.” Henry Allsopp, Worldwide Head of Curated Sales and
Exhibitions.