Record for Latin American art as Phillips negotiate private deal for Rivera painting

Phillips have negotiated the private sale of ‘Baile en Tehuantepec’ by Diego Rivera (1886-1957) for $15.75m (£12m), a price which they claim is a record for any piece of Latin American art.

Painted in 1928, the depiction of zandunga folk dancers has a long exhibition history.

It was first…

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