artsy – No artist better exemplifies the rising value of the Latin American art market than Cuban master Wifredo Lam. Last June, in Sotheby’s marquee virtual auction, his kaleidoscopic painting Omi Obini (1943) sold for $9.6 million, nearly doubling his previous auction record. It was the second-highest price ever paid at auction for a Latin American painting, just behind the $9.7 million paid for Diego Rivera’s Los Rivales (1931) in 2018. – read more
