Latin American art auctions sets artist records

November 25, 2014 2:41 PM

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A monumental bronze sculpture by Fernando Botero has set a new auction record for the Colombian artist.

A version of the work decorates the lobby of the Time Warner Center in New York City. The previous record for Botero was $2 million for his painting "Four Musicians," which sold in 2006.

Also read: Over 100 Works of Latin American Art Donated to New York Museums

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