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$54.7M sale of Frida Kahlo self-portrait breaks auction record for female artists

$54.7M sale of Frida Kahlo self-portrait breaks auction record for female artists

Summary

A Frida Kahlo self-portrait from 1940 sold for $54.7 million at a Sotheby's auction in New York, setting a new record for the most expensive artwork by a female artist sold at auction. The painting was previously held in a private collection and surpassed the previous record set by Georgia O'Keeffe's work in 2014.

Key Facts

  • Frida Kahlo's 1940 self-portrait sold for $54.7 million.
  • It is the highest auction price for a work by any female artist.
  • The painting topped the previous record of $44.4 million held by Georgia O’Keeffe.
  • The sale also set a record for a Kahlo painting at auction, surpassing her previous high of $34.9 million.
  • The self-portrait was part of a private collection and could be legally sold internationally.
  • Kahlo's works in Mexico are declared national treasures and cannot be sold or destroyed abroad.
  • The buyer's identity has not been disclosed.
  • This painting was part of a broader auction of surrealist art, which included works by Salvador Dalí and others.

Source Information