The Frida Kahlo auction record breaks barriers for women artists, selling for $54.7 million. See the top lots, including a $62.7M Van Gogh, that powered Sotheby’s $304M sale.

BY ARTCENTRON NEWS

NEW YORK, NY— On Thursday evening, Sotheby’s concluded a week of high-profile sales with a three-part modern art auction that exceeded expectations, bringing in a total of $304.6 million, well above the pre-sale estimate range. The event’s biggest story was the Frida Kahlo auction record set by her self-portrait, which made the sale historic.

The event reached a historic milestone with Frida Kahlo’s self-portrait El sueño (La cama) fetching $54.7 million, setting a historic new record for a work by a woman at auction and simultaneously breaking records for the artist and for a Latin American artist.

Frida Kahlo Auction Record Set by El Sueño (La Cama)

Frida Kahlo’s painting El Sueño (La Cama), 1940, makes an auction record at Sotheby’s, selling for $54.7 million. Image: Sotheby’s

The true centerpiece of the evening was Kahlo’s El sueño (La cama). A nearly five-minute bidding war between Sotheby’s specialists drove the work to a final price of $55 million, including fees. The Frida Kahlo auction record surpassed Georgia O’Keeffe’s previous auction high for a female artist and broke Kahlo’s own previous record set in 2021.

The Pritzker Collection Leads the Charge

The night began with a selection of 13 works from the collection of Cindy and Jay Pritzker of Chicago. The Pritzker segment performed strongly, totaling $109.5 million. The standout was Vincent van Gogh’s 1887 painting Piles de romans parisiens et roses dans une verre (Romans parisiens), which sold for $62.7 million—35 percent above its initial estimate—after a seven-minute bidding duel.

Strong Interest in Surrealism

The following “Exquisite Corpus” sale, reportedly from the collection of Selma Ertegun, achieved $98 million overall. Twelve of its 24 lots surpassed expectations. Among the highlights was Valentine Hugo’s 1932 paper work, Le Crapaud de Maldoror, which soared to $650,000.

Final Modern Art Segment Sees Mixed Results

The final segment was more mixed, totaling $97 million. Three pieces were withdrawn, including a Monet painting. Ten lots fell below expectations due to adjusted reserves. René Magritte’s 1942 work Le jockey perdu emerged as the highest-value lot in this final segment, selling for $12.3 million.

Market Takeaway on Art Auction Results

The week’s impressive results ultimately stemmed from a clear formula: high-quality works presented with reasonable estimates. Although the Frida Kahlo record was an extraordinary highlight, the broader auction outcomes reflected a steady and carefully measured market.