Tuesday, July 1, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

With an $11m Leonora Carrington cat woman sculpture, Eduardo Costantini adds another jewel to his Buenos Aires museum

2 December 2024
in NFT
Reading Time: 6 mins read
0 0
A A
0
Home NFT
Share on FacebookShare on Twitter


“It’s the chance that dictates the acquisition. And you may’t let it go you by,” says the billionaire real-estate developer and collector Eduardo Costantini of his newest buy. Final week, Costantini, who’s the founding father of Malba (Museo de Arte Latinoamericano de Buenos Aires), one among South America’s most vital non-public museums, turned the brand new proprietor of La Grande Dame (The Cat Lady, 1951), an imposing surrealist sculpture by Leonora Carrington, which was bought at Sotheby’s Trendy Night sale in New York.

With a feline face and human physique, this reverse-sphinx stands at two-meters excessive. It final got here to public sale in 1994, when it bought at Sotheby’s New York for lower than $300,000. For many years it had belonged to the gathering of the notable patron Edward James and was beforehand exhibited at venues such because the Tate Trendy and the Serpentine Gallery in London, the Metropolitan Museum of Artwork in New York, and the Peggy Guggenheim Assortment in Venice.

Leonora Carrington’s La Grande Dame (The Cat Lady, 1951)

Courtesy of Sotheby’s

Costantini gained the work following a five-minute, five-person bidding warfare, secured the lot for $11.3m (with charges). “The piece was estimated between $5m and $7m. I joined the public sale when it was at $6m, however sadly, it escalated in a short time,” he says. “My restrict was $10m and because the bidding approached that spherical quantity, I seen that the public sale was slowing down. I might sense the opposite bidder was faltering.” The Argentine collector performed his last card, providing $9.8m. “It appears the opposite bidder didn’t wish to go for the spherical quantity. And fortuitously he stopped there.” Early subsequent yr, La Grande Dame will probably be exhibited at Malba.

The work was made in collaboration with sculptor José Horna. That very same night, Costantini additionally acquired La marioneta (Caja de música), a singular 1956 piece by Horna, for $80,000.

Carrington has change into a coveted determine at auctions, particularly because the Italian curator Cecilia Alemani selected one among her works because the inspiration for the central exhibition of the 2022 Venice Biennale, The Milk of Desires.

Costantini has lately change into one of the prolific patrons of Latin American Artwork. In Could this yr, Costantini purchased Las distracciones de Dagoberto (1945), which set a report for a Carrington work, promoting for $28.4m at Sotheby’s New York. This quantity, nevertheless, doesn’t surpass the $34.9m paid by the Argentine at public sale for Diego y yo (1949) by Frida Kahlo, which stays the most costly Latin American paintings to this point. The small portray, a self-portrait of the enduring Mexican artist with Diego Rivera’s face painted on her brow like a 3rd eye, remained in a personal Texas assortment till 2021, when it modified fingers. The earlier proprietor had purchased it for $1.4m.

Constantini with Diego y yo (1949) by Frida Kahlo

“It’s true that there’s a powerful deal with Surrealism for the time being, and these acquisitions naturally deliver extra visibility to our assortment. However I insist, the significance of the piece is what guides our path, which is a protracted one. You’ll want to take it step-by-step.”

Malba—which lately introduced the appointment of the Brazilian curator Rodrigo Moura as its inventive director—was based in 2001 with a set of 220 works. In response to Costantini, that quantity now reaches round 700 works, “plus one other 700 from my private assortment, that is about 1,500 in whole”. As he explains: “I see all of it as one. Mentally, I don’t distinguish between them. I view it as a single unit. The identical collector, the identical purchaser, the identical philosophy.”

Among the many highlights at the moment exhibited on the museum are Abaporu (1928) by Tarsila do Amaral, purchased in 1995 for nearly $1.5m; O impossível (1945) by Maria Martins, bought in 1998 for lower than $100,000; and Kahlo’s Autorretrato con chango y loro (1942), the star of the gathering, which in 1995 value him $3.2m—which set the report worth for the Mexican artist for the subsequent seven years.

Different notable works within the assortment embody two by Remedios Varo, acquired in 2020 and 2021 (for $3.1m and $6.2m, respectively) and Baile en Tehuantepec (1928) by Diego Rivera, for which Costantini paid $15.7m at Phillips in 2016. 

The gathering’s significance is, Constantini says, “mirrored within the steady mortgage requests we obtain from worldwide museums”, such because the Museum of Trendy Artwork in New York (MoMA) or the Pinacoteca de São Paulo. This yr, 5 works—together with Diego y yo—had been featured within the Venice Biennale, curated by Brazilian Adriano Pedrosa, who can be a member of Malba’s inventive committee. 

In 2024, Costantini additionally purchased works by Bolivian painter Alejandro Mario Yllanes (1913–1960), one of many first to include indigenous designs into his work, paying $1.9m and $1.1m for 2 of his items. His repertoire additionally expanded with a sculpture by Colombian Rómulo Rozo (1899–1964) for $1.4m and a piece by Mexican painter Nahui Olin (1893–1978), Diego Rivera’s muse, for $317,500. He additionally paid $25,000 every for 2 works by younger Brazilian artist Dalton Paula (1982), whose work is impressed by Afro-Brazilian traditions.

In response to Costantini, these acquisitions replicate meticulous analysis and a method encompassing auctions, galleries, non-public collections, and direct collaboration with artists and their heirs. Requested of his ambitions for the gathering he says: “I don’t promote my works. The objective is to have the most effective assortment of Latin American artwork on the planet.”



Source link

Tags: 11MAddsAiresBuenosCarringtonCatCostantiniEduardojewelLeonoraMuseumsculpturewoman
Previous Post

Understanding the Effect of XR in Manufacturing Spaces – XR Today

Next Post

Exquisitely crafted objects once housed in science museums are the focus of an exhibition in Venice

Related Posts

OpenAI Is Fighting Back Against Meta Poaching AI Talent | Entrepreneur
NFT

OpenAI Is Fighting Back Against Meta Poaching AI Talent | Entrepreneur

30 June 2025
Calamity To Mint Factory NFTs Starting July 3
NFT

Calamity To Mint Factory NFTs Starting July 3

1 July 2025
A first glimpse (and listen) inside Lacma’s $720m new building
NFT

A first glimpse (and listen) inside Lacma’s $720m new building

30 June 2025
Chainlink Momentum Wavers, XRP ETF Spikes, BlockDAG Drops 100M BDAG in Airdrop
NFT

Chainlink Momentum Wavers, XRP ETF Spikes, BlockDAG Drops 100M BDAG in Airdrop

30 June 2025
Suilend: Deep Dive into Sui’s Leading DeFi Lending Protocol
NFT

Suilend: Deep Dive into Sui’s Leading DeFi Lending Protocol

29 June 2025
Struggling to Stick to a Routine? Here’s How AI Can Help | Entrepreneur
NFT

Struggling to Stick to a Routine? Here’s How AI Can Help | Entrepreneur

29 June 2025
Next Post
Exquisitely crafted objects once housed in science museums are the focus of an exhibition in Venice

Exquisitely crafted objects once housed in science museums are the focus of an exhibition in Venice

Visual love poem: Robert Frank’s handmade photobook for his future wife goes on show

Visual love poem: Robert Frank’s handmade photobook for his future wife goes on show

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Ethereum Reclaims $2,500 In Squeeze-Driven Rally – But Can It Hold?

Ethereum Reclaims $2,500 In Squeeze-Driven Rally – But Can It Hold?

28 June 2025
솔라나 레이어 2 코인 솔락시, 유니스왑 상장 출시… 지금 구매할 만한 유망 코인일까? | Bitcoinist.com

솔라나 레이어 2 코인 솔락시, 유니스왑 상장 출시… 지금 구매할 만한 유망 코인일까? | Bitcoinist.com

24 June 2025
$304M Raised, 20 Listings Locked – BlockDAG’s Plan Is Set, TAO and Pi Downtrend

$304M Raised, 20 Listings Locked – BlockDAG’s Plan Is Set, TAO and Pi Downtrend

16 June 2025
Why is Crypto Crashing? Dust Settles Over SOL and ETH After Musk Storm

Why is Crypto Crashing? Dust Settles Over SOL and ETH After Musk Storm

7 June 2025
Ethereum Price To Resume Downtrend? Market Expert Identifies Bearish Chart Setup | Bitcoinist.com

Ethereum Price To Resume Downtrend? Market Expert Identifies Bearish Chart Setup | Bitcoinist.com

23 June 2025
Altcoin Exchange Flows Dip Below $1.6B – History Points To Incoming Rally | Bitcoinist.com

Altcoin Exchange Flows Dip Below $1.6B – History Points To Incoming Rally | Bitcoinist.com

28 June 2025
Crypto Survey Reveals 7 in 10 South Koreans Want to Increase Holdings

Crypto Survey Reveals 7 in 10 South Koreans Want to Increase Holdings

1 July 2025
Ethereum Price Readies for Takeoff — Bulls Eye Fresh Highs

Ethereum Price Readies for Takeoff — Bulls Eye Fresh Highs

1 July 2025
XRP Gains Ground With Wall Street as Companies Follow Bitcoin Treasury Model – Featured Bitcoin News

XRP Gains Ground With Wall Street as Companies Follow Bitcoin Treasury Model – Featured Bitcoin News

1 July 2025
DEXs capture almost 30% of CEX spot activity in June, setting new record

DEXs capture almost 30% of CEX spot activity in June, setting new record

1 July 2025
Robinhood Announces New Layer 2 Blockchain – News Bytes Bitcoin News

Robinhood Announces New Layer 2 Blockchain – News Bytes Bitcoin News

1 July 2025
OpenAI Is Fighting Back Against Meta Poaching AI Talent | Entrepreneur

OpenAI Is Fighting Back Against Meta Poaching AI Talent | Entrepreneur

30 June 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$106,817.00-1.26%
  • ethereumEthereum(ETH)$2,459.48-1.61%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.221.24%
  • binancecoinBNB(BNB)$652.55-0.42%
  • solanaSolana(SOL)$151.160.01%
  • usd-coinUSDC(USDC)$1.000.00%
  • tronTRON(TRX)$0.2787780.48%
  • dogecoinDogecoin(DOGE)$0.162676-2.59%
  • staked-etherLido Staked Ether(STETH)$2,458.85-1.58%