NEW YORK.- Virgilio Garza, Head of the Latin American Art department commented: “We were thrilled with the results of tonight’s Latin American Sale which reflected the energetic forces that have been driving the market over the past weeks. A case in point was the spectacular new world auction record at $1.8 million for Alfredo Ramos Martínez’s exuberant and joyful Mujeres con flores, a painting which incorporates all the characteristics the market is looking for: freshness, excellent quality and superb artistic merit. It was also very rewarding to see 11 new records take shape for including for Tomas Sánchez, Mariano Rodríguez, Augustin Cárdenas and Alfredo Castañeda. We were also very pleased with the results of the historical paintings from Mexico and Venezuela and the pair of the pistols that belonged to the Argentinean hero General Belgrano.”

Alfredo Ramos Martínez (Mexican 1872-1946), Mujeres con flores, oil on canvas, painted circa 1938 sold for $1,808,000. World Auction Record for the Artist.

Fernando Botero (Colombian B. 1932), Los amantes, Oil on canvas, Painted in 1969, sold for $1,080,000.

Fernando Botero (Colombian, B. 1932), Self-Portrait in Costume of Velázquez, oil on canvas, Painted in 1986. Sold for $1,057,600.

Fernando Botero (Colombian B. 1932), Shoeshine, oil on canvas, Painted in 1989. Sold for $912,000.

Arturo Michelena, Firma del Acta de la Independencia, oil on canvas, sold for $688,000.

Fernando Botero (Colombian B. 1932), Dancers, bronze with black patina, edition five of six sold for $632,000.

Tomas Sánchez (Cuban B. 1948), Oir las agues, acrylic on canvas, painted in 1995, sold for $620,800, a World Auction Record for the Artist.

Rufino Tamayo, Mujer y su fantasma, oil on canvas, 1974, sold for $567,000.

Rufino Tamayo (Mexican 1899-1991), Saltimbanqui, oil and sand on canvas, painted in 1982, sold for $542,400.

Fernando Botero (Colombian B. 1932), Donna sul letto, bronze, Executed in 2003, Edition four of six, sold for $542,400.