Frida Kahlo Painting Sells for a Record $35 Million
Diego y yo soared past the artist’s previous auction benchmark.
Frida Kahlo’s Diego y yo, from 1949.
Source: Sotheby's
A 1949 painting by Frida Kahlo sold for $34.9 million on Tuesday night at Sotheby’s New York, setting a record for the artist at auction.
The work, titled Diego y yo (Diego and I) carried a presale estimate of $30 million to $50 million and was guaranteed by a third party, meaning the auction house had lined up a buyer willing to pay a minimum amount before the sale even began.