Modern Day Auction
Modern Day Auction
Masterworks of Mexican Modernism: Property from a Distinguished Private Collection
Luna sobre el mercado
Auction Closed
May 17, 10:38 PM GMT
Estimate
600,000 - 800,000 USD
Lot Details
Description
Masterworks of Mexican Modernism: Property from a Distinguished Private Collection
Diego Rivera
1886 - 1957
Luna sobre el mercado
signed Diego Rivera and dated 1929 (lower left)
encaustic on canvas
39¼ by 27½ in.
100 by 70 cm
Executed in Tehuantepec in 1929.
We wish to thank Professor Luis-Martín Lozano for his kind assistance in confirming the authenticity of this lot.
Bertram D. Wolfe, Portrait of Mexico—Paintings by Diego Rivera, London 1937, pl. 62, n.p., illustrated (titled Morning Moon)
Consejo Nacional para la Cultura y las Artes, Instituto Nacional de Bellas Artes, Diego Rivera: Catálogo General de Obra de Caballete, Mexico 1989, no. 879, illustrated
New York, The Museum of Modern Art, Diego Rivera, 1931-1932, no. 33A, p. 52 (titled Market Place)
Rochester, New York, Memorial Art Gallery, 1935
Mexico City, Museo Nacional de Artes Plásticas, Diego Rivera, 50 años de su Labor Artística, Exposición de Homenaje Nacional, 1950, no. 354, illustrated in color
New York, The Metropolitan Museum of Art, 1950
Nagoya City Art Museum; Tokyo, Seibu Museum of Art and Fukuoka City Art Museum, Renacimiento en el Arte Mexicano: Orozco, Rivera, Siqueiros, 1989, n.n.
Mexico City, Colegio de San Ildefonso, México, esplendores de treinta siglos, 1992-1993, n.n.
Brussels, Europalia Festival, Mexico, El Aguila y el sol (The Eagle and the Sun), 1993, n.n.
San Francisco Museum of Modern Art and Bentonville, Crystal Bridges Museum of American Art, Diego Rivera's America, 2022-23, no. 26, p. 52, illustrated in color
This lot is part of the National Heritage of Mexico and cannot be permanently exported from the country. Additionally, this lot is not at Sotheby’s York Avenue location and is being offered for sale in situ from its current location at the Crystal Bridges Museum of American Art where it is part of the Diego Rivera’s America exhibition, which is scheduled to close July 31, 2023. After Sotheby’s receipt of the full purchase price in cleared funds and the lot’s return from Crystal Bridges, the lot will be released to the Buyer in Mexico in compliance with all local requirements. The Buyer will be responsible for collecting the lot from the consignor, including obtaining the necessary insurance to do so and covering all associated costs and fees. Prospective buyers may contact Sotheby’s representatives in Mexico City and Monterrey at sothebys.mexico@sothebys.com for an appointment to view the work at Crystal Bridges.
Risk of loss for any loss or damage and title to the lot shall transfer to the Buyer upon the Buyer’s collection of the lot. Prior to such time, in the event the lot incurs any loss or damage so that it is not in the substantially the same state as stated in the condition report, Sotheby’s will refund the Buyer any amounts paid for the lot, unless otherwise agreed by the Buyer, the consignor and Sotheby’s. A condition report for the lot is available upon request.
If the Buyer fails to timely relocate the lot within 30 days of notification that it is available for collection other than for reasons beyond the Buyer’s control, Sotheby’s may rescind the sale subject to a fee of 20% of the Hammer Price charged to Buyer by Sotheby’s and the consignor.