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Fernando Botero’s Market Is Gaining Momentum. Here’s Why
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left: auto; z-index: 1;}.gm-navbar #gm-main-menu {flex-grow: 1; display: flex;}.gm-navbar .gm-main-menu-wrapper {flex-grow: 1; align-items: stretch;}.gm-navbar.gm-top-links-align-left #gm-main-menu {justify-content: flex-start;}.gm-navbar.gm-top-links-align-center #gm-main-menu {justify-content: center;}.gm-navbar.gm-top-links-align-center .gm-logo {position: absolute; top: 50%; transform: translateY(-50%);}.gm-navbar.gm-top-links-align-right #gm-main-menu {justify-content: flex-end;}.gm-navbar .gm-toolbar-bg {position: absolute; top: 0; left: 0; width: 100%; height: 100%; transition: opacity 0.2s; z-index: -1;}.gm-navbar .gm-navbar-nav > .gm-menu-item > .gm-anchor > .gm-caret i {transform: none;}.gm-navbar .gm-navbar-nav > .gm-dropdown > .gm-dropdown-menu-wrapper {top: 100%;}.gm-navbar .gm-logo a img {transition: height 0.2s, line-height 0.2s;}.gm-navbar .gm-search {transition: height 0.2s, line-height 0.2s;}}@media (min-width: 1024px) {.gm-dropdown-appearance-animate-from-bottom .gm-dropdown > .gm-dropdown-menu-wrapper {transition: all 0.2s; transform: translateY(40px);}.gm-dropdown-appearance-animate-from-bottom .gm-dropdown.gm-open > .gm-dropdown-menu-wrapper {visibility: visible; transform: translateY(0); opacity: 1;}}@media (min-width: 1024px) {.gm-navbar .gm-dropdown-menu .gm-dropdown-toggle .gm-caret {font-size: 11px}}.gm-navbar:not(.gm-navbar-sticky-toggle) .gm-navbar-nav > li.current-menu-item > .gm-anchor, .gm-navbar:not(.gm-navbar-sticky-toggle) .gm-navbar-nav > li.current-menu-ancestor > .gm-anchor, .gm-navbar:not(.gm-navbar-sticky-toggle) .gm-navbar-nav > li.current-page-ancestor > .gm-anchor, .gm-navbar:not(.gm-navbar-sticky-toggle) .gm-navbar-nav > li.current-menu-parent > .gm-anchor, .gm-navbar:not(.gm-navbar-sticky-toggle) .gm-navbar-nav > .menu-item > .gm-anchor:hover, .gm-navbar:not(.gm-navbar-sticky-toggle) .gm-navbar-nav > .menu-item.gm-open > .gm-anchor {color: rgba(90, 90, 90, 1) !important}@media (min-width: 1024px) {.gm_action__visibility__mobile {display: none !important;}}@media (max-width: 1023px) {.gm_action__visibility__desktop {display: none !important;}}.gm-dropdown-menu, .gm-minicart-dropdown {transition: all 0.17s;}@media (min-width: 1024px) {.gm-navbar--shadow-dropdown-tiny.gm-navbar--has-shadow-dropdown .gm-dropdown-menu {box-shadow: 0 3px 6px 0 rgba(0, 0, 0, 0.1);}.gm-navbar--shadow-dropdown-medium.gm-navbar--has-shadow-dropdown .gm-dropdown-menu {box-shadow: 0 8px 15px 0 rgba(0, 0, 0, 0.1);}.gm-navbar--shadow-dropdown-large.gm-navbar--has-shadow-dropdown .gm-dropdown-menu {box-shadow: 0 12px 30px 10px rgba(0, 0, 0, 0.1), 0 2px 4px 1px rgba(0, 0, 0, 0.1);}.gm-navbar--shadow-dropdown-deep.gm-navbar--has-shadow-dropdown .gm-dropdown-menu {box-shadow: 0px 5px 15px 3px rgba(0, 0, 0, 0.1), 0 3px 4px 2px rgba(0, 0, 0, 0.1);}}.gm-navbar, .gm-main-menu-wrapper, .gm-navigation-drawer {font-family: inherit}.gm-navbar:not(.gm-navbar-sticky-toggle) .gm-inner-bg, .gm-padding {background-color: rgba(255, 255, 255, 1)}@media (min-width: 1024px) {.gm-padding {padding-top: 44px}}@media (max-width: 1023px) {.gm-padding {padding-top: 50px}}.gm-navbar:not(.gm-navbar-sticky-toggle) .gm-inner {border-bottom-color: rgba(0, 0, 0, 0); border-bottom-width: 0px}.gm-navbar ~ .gm-main-menu-wrapper .gm-menu-item__icon, .gm-navbar .gm-main-menu-wrapper .gm-menu-item__icon, .gm-toolbar-nav-container .gm-menu-item__icon {margin-right: 8px;}.gm-main-menu-wrapper .gm-navbar-nav .gm-menu-item__icon {display: none}@media (min-width: 1024px) {.gm-main-menu-wrapper .gm-navbar-nav > .gm-dropdown:not(.mega-gm-dropdown) .gm-dropdown-menu {min-width: 230px}}@media (min-width: 1024px) {.gm-navbar #gm-toolbar .gm-toolbar-social-link:hover {color: rgba(165, 226, 94, 1) !important}.gm-navbar .gm-main-menu-wrapper .gm-actions .gm-toolbar-social-link:hover {color: rgba(165, 226, 94, 1) !important}}@media (min-width: 1024px) {.gm-navbar:not(.gm-navbar-sticky-toggle) .gm-logo__img-default {display: flex;}}@media (min-width: 1024px) {.gm-navbar:not(.gm-navbar-sticky-toggle) .gm-logo__img-alt {display: none;}}@media (min-width: 1024px) {.gm-main-menu-wrapper #gm-main-menu .gm-navbar-nav > .menu-item > .gm-anchor {color: rgba(90, 90, 90, 1)}}@media (min-width: 1024px) {.gm-navbar:not(.gm-navbar-sticky-toggle) .gm-main-menu-wrapper .gm-nav-inline-divider {background-color: rgba(90, 90, 90, 1)}.gm-navbar--has-divider .gm-navbar-nav > li:not(:last-of-type) > .gm-anchor {position: relative;}.gm-navbar--has-divider .gm-navbar-nav > li:not(:last-of-type) > .gm-anchor::before {position: absolute; width: 1px; height: 30px; opacity: 0.25; content: ""; top: 50%; right: 0; transform: translateY(-50%);}.gm-navbar.gm-navbar--has-divider:not(.gm-navbar-sticky-toggle) .gm-main-menu-wrapper .gm-navbar-nav > li:not(:last-of-type) > .gm-anchor::before {background-color: rgba(90, 90, 90, 1)}}@media (min-width: 1024px) {.gm-main-menu-wrapper #gm-main-menu .gm-navbar-nav .gm-dropdown-menu .gm-menu-item__link {color: rgba(110, 110, 111, 1)}}@media (min-width: 1024px) {.gm-main-menu-wrapper #gm-main-menu .gm-navbar-nav .gm-dropdown-menu .gm-menu-item__link:hover {color: rgba(214, 73, 111, 1) !important}.gm-main-menu-wrapper #gm-main-menu .gm-navbar-nav .gm-dropdown-menu .gm-mega-menu-title-item > .gm-mega-menu__item__title:hover .gm-anchor:not(.gm-anchor--empty) .gm-menu-item__txt {color: rgba(214, 73, 111, 1)}}@media (min-width: 1024px) {.gm-main-menu-wrapper #gm-main-menu .gm-navbar-nav .gm-dropdown-menu li.current-menu-ancestor > .gm-menu-item__link, .gm-main-menu-wrapper #gm-main-menu .gm-navbar-nav .gm-dropdown-menu li.current-page-ancestor > .gm-menu-item__link, .gm-main-menu-wrapper #gm-main-menu .gm-navbar-nav .gm-dropdown-menu li.current-menu-item > .gm-menu-item__link {color: rgba(204, 32, 59, 1)}.gm-main-menu-wrapper #gm-main-menu .gm-navbar-nav .gm-dropdown-menu .gm-mega-menu__item.current-menu-ancestor > .gm-mega-menu__item__title .gm-menu-item__txt, .gm-main-menu-wrapper #gm-main-menu .gm-navbar-nav .gm-dropdown-menu .gm-mega-menu__item.current-page-ancestor > .gm-mega-menu__item__title .gm-menu-item__txt, .gm-main-menu-wrapper #gm-main-menu .gm-navbar-nav .gm-dropdown-menu .gm-mega-menu__item.current-menu-item > .gm-mega-menu__item__title .gm-menu-item__txt {color: rgba(204, 32, 59, 1)}}@media (min-width: 1024px) {.gm-main-menu-wrapper .gm-mega-menu__item__title, .gm-main-menu-wrapper .gm-mega-menu__item__title .gm-menu-item__txt {color:rgba(110, 110, 111, 1)}}.gm-navigation-drawer {background-color: rgba(255, 255, 255, 1);}.gm-mobile-submenu-style-slider .gm-navbar-nav .gm-dropdown-menu-wrapper {background-color: rgba(255, 255, 255, 1);}.gm-navigation-drawer .gm-anchor, .gm-navigation-drawer .gm-mega-menu__item__title, .gm-navigation-drawer--mobile .gm-navbar-nav .gm-dropdown-menu-title {color: rgba(90, 90, 90, 1) !important}.gm-navigation-drawer .gm-anchor, .gm-navigation-drawer .gm-mega-menu__item__title {border-bottom: 1px dotted rgba(90, 90, 90, 1)}.gm-navigation-drawer .gm-divider--vertical {border-color: rgba(90, 90, 90, 1)}@media (max-width: 1023px) {.gm-navbar .gm-container {flex-direction: row-reverse !important;}}@media (max-width: 1023px) {.gm-navigation-drawer .gm-search, .gm-navigation-drawer .gm-minicart {color: rgb(90, 90, 90, 1) !important;}}.gm-navigation-drawer .gm-anchor:hover, .gm-navigation-drawer li.current-menu-parent > .gm-anchor, .gm-navigation-drawer li.current-menu-item > .gm-anchor {color: rgba(90, 90, 90, 1) !important}.gm-navigation-drawer--mobile .gm-mobile-menu-container {z-index: 20;}.gm-navigation-drawer--mobile .gm-menu-btn.gm-hamburger-close {display: block; position: relative; margin-top: 8px; margin-bottom: 8px; z-index: 10; width: 24px; height: 24px;}.gm-navigation-drawer--mobile .gm-menu-btn.gm-hamburger-close .gm-menu-btn__inner {display: block; box-sizing: content-box; text-align: center;}.gm-navigation-drawer--mobile.gm-navigation-drawer--right .gm-menu-btn.gm-hamburger-close {margin-right: auto; margin-left: 0;}.gm-navigation-drawer--mobile.gm-navigation-drawer--left .gm-menu-btn.gm-hamburger-close {margin-right: 0; margin-left: auto;}.gm-navigation-drawer--mobile {max-width: 100%; width: 100%;}.gm-navigation-drawer--mobile {overflow: visible;}.gm-navigation-drawer--mobile .gm-burger {position: absolute;}.gm-navigation-drawer--mobile.gm-navigation-drawer--right .gm-burger {right: calc( 100% + 16px );}.gm-navigation-drawer--mobile.gm-navigation-drawer--left .gm-burger {left: calc( 100% + 16px );}.gm-navigation-drawer--open .gm-burger {margin-top: 8px !important; z-index: 10;}.gm-navigation-drawer--open.gm-navigation-drawer--right .gm-burger {right: calc( 100% - 24px );}.gm-navigation-drawer--open.gm-navigation-drawer--left .gm-burger {left: calc( 100% - 24px );}@media (max-width: 1023px) {.gm-navigation-drawer--open .gm-burger .hamburger-inner, .gm-navigation-drawer--open .gm-burger .hamburger-inner::after, .gm-navigation-drawer--open .gm-burger .hamburger-inner::before {background-color: rgba(104, 104, 104, 1) !important;}.gm-navigation-drawer .gm-hamburger-close .gm-menu-btn__inner {color: rgba(104, 104, 104, 1);}}@media (max-width: 1023px) {.gm-navigation-drawer--open .gm-burger .hamburger-box, .gm-navigation-drawer--open .gm-burger .hamburger-inner, .gm-navigation-drawer--open .gm-burger .hamburger-inner::after, .gm-navigation-drawer--open .gm-burger .hamburger-inner::before {width: 24px !important;}.gm-navigation-drawer--open .gm-burger .hamburger-box {height: 24px !important;}.gm-navigation-drawer .gm-hamburger-close .gm-menu-btn__inner {width: 24px; height: 24px;}.gm-navigation-drawer .gm-hamburger-close .gm-menu-btn__inner > i {font-size: 24px; width: 24px; height: 24px;}}@media (max-width: 1023px) {.gm-navigation-drawer--open .gm-burger {background-color: rgba(0, 0, 0, 0) !important;}.gm-navigation-drawer .gm-hamburger-close .gm-menu-btn__inner {background-color: rgba(0, 0, 0, 0);}}@media (max-width: 1023px) {.gm-navigation-drawer--mobile .gm-menu-btn-close-mobile-drawer {padding: 12px 0px 12px 0px;}}@media (max-width: 1023px) {.gm-navigation-drawer--mobile .gm-menu-btn-close-mobile-drawer {display: flex; flex-wrap: nowrap; flex-direction: row; align-content: center; justify-content: flex-start; flex: 0; width: 100%;}}@media (max-width: 1023px) {.gm-menu-btn-close-mobile-drawer .hamburger {padding: 0; cursor: pointer; justify-content: center; padding: 0; min-width: 24px;}.gm-menu-btn-close-mobile-drawer .hamburger .hamburger-box, .gm-menu-btn-close-mobile-drawer .hamburger .hamburger-inner, .gm-menu-btn-close-mobile-drawer .hamburger .hamburger-inner::after, .gm-menu-btn-close-mobile-drawer .hamburger .hamburger-inner::before {width: 24px;}.gm-menu-btn-close-mobile-drawer .hamburger .hamburger-box {height: 24px;}.gm-menu-btn-close-mobile-drawer .gm-menu-btn__inner {font-size: 24px;}}@media (max-width: 1023px) {.gm-menu-btn-close-mobile-drawer .hamburger .hamburger-inner, .gm-menu-btn-close-mobile-drawer .hamburger .hamburger-inner::after, .gm-menu-btn-close-mobile-drawer .hamburger .hamburger-inner::before {height: 3px;}}@media (max-width: 1023px) {.gm-menu-btn-close-mobile-drawer .hamburger .hamburger-inner, .gm-menu-btn-close-mobile-drawer .hamburger .hamburger-inner::after, .gm-menu-btn-close-mobile-drawer .hamburger .hamburger-inner::before {background-color: rgba(104, 104, 104, 1);}.gm-menu-btn-close-mobile-drawer .gm-menu-btn__inner {color: rgba(104, 104, 104, 1);}}@media (max-width: 1023px) {.gm-menu-btn-close-mobile-drawer .hamburger {background-color: rgba(0, 0, 0, 0);}.gm-menu-btn-close-mobile-drawer .gm-menu-btn__inner {background-color: rgba(0, 0, 0, 0);}}@media (max-width: 1023px) {.gm-anchor, .gm-mega-menu__item__title {padding:9px 0;}.gm-navigation-drawer .gm-caret {position: absolute; right: 0; height: 38px; top: auto; padding: calc( 9px + 3px ) 0 9px 18px; min-width: 50px;}.gm-navigation-drawer .gm-dropdown > .gm-anchor {position: relative;}.gm-navigation-drawer .gm-dropdown > .gm-anchor .gm-menu-item__txt-wrapper {padding-right: 50px;}}.gm-navigation-drawer--mobile.gm-navigation-drawer--right {transform: translate3d(calc( 100% ), 0, 0); right: 0}@media (max-width: 1023px) {.gm-hide-on-mobile {display: none;}.gm-hide-on-mobile-by-option {display: none !important;}}@media (max-width: 1023px) {.gm-inner .gm-container {height: 50px;}}@media (max-width: 1023px) {.gm-navigation-drawer--mobile .gm-navbar-nav > .gm-menu-item > .gm-anchor, .gm-navigation-drawer--mobile .gm-navbar-nav .gm-dropdown-menu-title {font-size: 12px}}@media (max-width: 1023px) {.gm-navigation-drawer--mobile .gm-navbar-nav > .gm-menu-item > .gm-anchor, .gm-navigation-drawer--mobile .gm-navbar-nav .gm-dropdown-menu-title {text-transform: uppercase}}@media (max-width: 1023px) {.gm-navigation-drawer--mobile .gm-dropdown-menu .gm-anchor {font-size: 11px}}@media (max-width: 1023px) {.gm-navigation-drawer--mobile .gm-dropdown-menu .gm-anchor {text-transform: uppercase}}@media (min-width: 1024px) {.gm-main-menu-wrapper .gm-navbar-nav > li > .gm-anchor {font-size: 14px}}@media (min-width: 1024px) {.gm-main-menu-wrapper .gm-menu-item__link {font-size: 11px}}@media (min-width: 1024px) {.gm-main-menu-wrapper .gm-navbar-nav > li > .gm-anchor {text-transform: uppercase}}@media (min-width: 1024px) {.gm-main-menu-wrapper .gm-menu-item__link {text-transform: uppercase}}@media (min-width: 1024px) {.gm-main-menu-wrapper .gm-mega-menu__item__title, .gm-main-menu-wrapper .gm-mega-menu__item__title .gm-menu-item__txt {text-transform: uppercase}}@media (min-width: 1024px) {.gm-main-menu-wrapper .gm-mega-menu__item__title, .gm-main-menu-wrapper .gm-mega-menu__item__title .gm-menu-item__txt {font-size: 13px}}#lang_sel_click {display: none}@media (max-width: 1023px) {.gm-navbar .gm-logo {flex: 1 1; justify-content: flex-start;}}@media (min-width: 1024px) {.gm-burger {display: none;}}@media (max-width: 1023px) {.gm-burger {display: block;}}@media (min-width: 1024px) {.gm-menu-btn__inner {color: rgba(104, 104, 104, 1);}.gm-menu-actions-wrapper a.gm-minicart-link {color: rgba(104, 104, 104, 1) !important;}}@media (min-width: 1024px) {.gm-menu-btn__inner {font-size: 24px;}}@media (min-width: 1024px) {.gm-menu-btn__inner {background-color: rgba(0, 0, 0, 0);}}@media (max-width: 1023px) {.gm-menu-btn__inner {color: rgba(104, 104, 104, 1);}.gm-menu-actions-wrapper .gm-search > .gm-icon {color: rgba(104, 104, 104, 1);}.gm-menu-actions-wrapper a {color: rgba(104, 104, 104, 1);}.gm-menu-actions-wrapper a.gm-minicart-link {color: rgba(104, 104, 104, 1) !important;}.gm-burger .hamburger-inner, .gm-burger .hamburger-inner::after, .gm-burger .hamburger-inner::before {background-color: rgba(104, 104, 104, 1);}.gm-burger.hamburger.is-active .hamburger-inner, .gm-burger.hamburger.is-active .hamburger-inner::after, .gm-burger.hamburger.is-active .hamburger-inner::before {background-color: rgba(104, 104, 104, 1);}}@media (max-width: 1023px) {.gm-navbar .gm-menu-actions-wrapper .gm-minicart {display: none;}}@media (max-width: 1023px) {.gm-navbar .gm-menu-actions-wrapper .gm-search {display: none;}}@media (min-width: 1024px) {.gm-navbar ~ .gm-navbar ~ .gm-main-menu-wrapper .gm-actions > .gm-search {display: none;}.gm-navbar .gm-menu-actions-wrapper > .gm-search {display: none;}}@media (min-width: 1024px) {.gm-navbar ~ .gm-main-menu-wrapper .gm-actions > .gm-minicart {display: none;}.gm-navbar .gm-menu-actions-wrapper > .gm-minicart {display: none;}}@media (max-width: 1023px) {.gm-menu-btn__inner, .gm-navbar .gm-menu-actions-wrapper .gm-minicart .gm-icon {font-size: 24px;}.gm-navbar .gm-menu-actions-wrapper .gm-search > .gm-icon {font-size: 24px;}.gm-burger .hamburger-box, .gm-burger .hamburger-inner, .gm-burger .hamburger-inner::after, .gm-burger .hamburger-inner::before {width: 24px;}.gm-burger .hamburger-box {height: 24px;}}@media (max-width: 1023px) {.gm-menu-btn__inner, .gm-burger {background-color: 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class="-mt-2 text-3xl">Price Database</h1></div><div class="hidden pl-4 print:flex print:h-7 print:flex-initial print:items-center print:justify-between print:text-xs print:text-neutral-400"><div>26 November 2024</div></div></header><header class="h-[56px] lg:h-[123px] print:hidden"><div class="hidden js_GlobalHeader bg-white duration-700 lg:block dark:bg-black border-b-[1px] border-neutral-200 fixed top-0 left-0 right-0 transition ease-in-out z-[1500]"><div><div class="js_GlobalHeaderDesktop mx-auto bg-white px-8 pt-8 dark:bg-black" style="max-width:137.2rem"><div class="relative" data-headlessui-state=""><div><div class="flex items-center justify-center pb-6"><a href="https://www.artnet.com/" class="js_ArtnetLogo"><svg class="inline-block h-6 fill-brand-black -ml-[0.6rem] fill-black dark:fill-white" viewBox="0 0 118 32" xmlns="http://www.w3.org/2000/svg"><path d="M23.599 27.7727L23.6973 31.4101C22.7865 31.5507 21.8657 31.6164 20.9441 31.6068C18.2401 31.6068 16.7651 30.3287 16.5193 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class="gm-mobile-postwrap"></div></aside> <!-- /.container-fluid --> <div class="search custom-search-align"> <a href="/search/"> <svg width="24" height="24" viewbox="0 0 24 24" fill="none" xmlns="http://www.w3.org/2000/svg"> <path d="M21 21L15 15M17 10C17 13.866 13.866 17 10 17C6.13401 17 3 13.866 3 10C3 6.13401 6.13401 3 10 3C13.866 3 17 6.13401 17 10Z" stroke="#919191" stroke-linecap="round" stroke-linejoin="round"/> </svg> </a> </div> </div> </header> <section id="content" role="main" class="content-wrapper"> <div id="page-2571264" class="page wrapper " data-page-num="2571264" data-page-url="https://news.artnet.com/market/fernando-boteros-market-is-gaining-momentum-heres-why-2571264" data-page-path="/market/fernando-boteros-market-is-gaining-momentum-heres-why-2571264" data-page-title="Fernando Botero’s Market Is Gaining Momentum. Here’s Why" data-analytics='{"pageType":"Article Detail","pageCategory":"Auctions","tags":["Art Prices","Artnet Pro","Market","The Back Room"],"author":["Katya Kazakina"],"date":"11\/24","artistId":[],"galleryId":[],"auctionHouseId":[],"clientId":"CLIENT_ID(AMP_ECID_GOOGLE,,_ga)","registrationType":"Not Signed Up"}' data-ad-targeting='[{"name":"environment","value":"production"},{"name":"page","value":"Article"},{"name":"section","value":"auctions"},{"name":"day","value":"26"},{"name":"author","value":"Katya Kazakina"},{"name":"article-id","value":"ID2571264"},{"name":"article-title","value":"Fernando Boteros Market Is Gaining Momentum Heres Why"},{"name":"format","value":"standard"},{"name":"tags","value":["Art Prices","Artnet Pro","Market","The Back Room"]},{"name":"artist","value":[]},{"name":"gallery","value":[]},{"name":"auction-house","value":[]},{"name":"article-template","value":["article2"]}]'> <div class="widget-area" data-num-slides=> <ul class="list-unstyled"><li class="artnet-ads-ad widget-1 widget-odd widget-container piklist-universal-widget"><div class="artnet-ads-ad widget-1 widget-odd widget"><div id="leaderboardtest-2571264-67462a6559f48-hidden" data-slot="leaderboardtest" class="artnet-ad"></div> </div></li><li class="artnet-ads-ad widget-2 widget-even widget-alt widget-container piklist-universal-widget"><div class="artnet-ads-ad widget-2 widget-even widget-alt widget"><div id="Teads_inRead-2571264-67462a6559fba-hidden" data-slot="Teads_inRead" class="artnet-ad"></div> </div></li></ul> </div> <style> .artnet-ad iframe { max-width: 100% !important; margin: 0rem auto !important; } </style> <div class="container custom-container-setting"> <div class="row adjust-article article-B-hide-sidebar"> <article class="article-wrapper post-type-post format-standard" id="post-2571264"> <div class="col-md-12"> <div class="flex-columns row"> <div class="article-content col-md-12 "> <div class="article-header"> <h5 class="article-category h5"> <a href="https://news.artnet.com/market/auctions">Auctions</a> <svg class="article-tag-icon" aria-label="Pro" viewBox="0 0 194.3 104.7"><use href="#pro-icon"></svg> <data id="premium_article_2571264" value="1" /> </h5> <h1 class="article-title h1">Fernando Botero’s Market Is Gaining Momentum. Here’s Why</h1> <p class="article-blurb">Total auction sales of the Colombian artist's work have more than doubled between 2020 and and 2023.</p> </div> <figure class="article-image"> <div class="featured-img-main"> <img fetchpriority="high" srcset=" https://news.artnet.com/app/news-upload/2024/11/Lot-42-Fernando-Botero-Horse-est-3000000-5000000-1-220x200.jpg 220w, https://news.artnet.com/app/news-upload/2024/11/Lot-42-Fernando-Botero-Horse-est-3000000-5000000-1-256x256.jpg 256w, https://news.artnet.com/app/news-upload/2024/11/Lot-42-Fernando-Botero-Horse-est-3000000-5000000-1-380x300.jpg 380w, https://news.artnet.com/app/news-upload/2024/11/Lot-42-Fernando-Botero-Horse-est-3000000-5000000-1-608x480.jpg 608w, https://news.artnet.com/app/news-upload/2024/11/Lot-42-Fernando-Botero-Horse-est-3000000-5000000-1-750x550.jpg 750w, https://news.artnet.com/app/news-upload/2024/11/Lot-42-Fernando-Botero-Horse-est-3000000-5000000-1-1024x840.jpg 1024w " sizes="(max-width: 220px) 100vw, (max-width: 256px) 100vw, (max-width: 380px) 100vw, (max-width: 608px) 100vw, (max-width: 750px) 100vw, (max-width: 1024px) 100vw, 1024px" src="https://news.artnet.com/app/news-upload/2024/11/Lot-42-Fernando-Botero-Horse-est-3000000-5000000-1-1024x840.jpg" width="1024" height="1024" alt="a large bronze horse statue is seen outside in a park" title="a large bronze horse statue is seen outside in a park" /> </div> <figcaption>Fernando Botero, <i>Horse</i>. Courtesy of Sotheby's.</figcaption> </figure> </div> </div> <div class="flex-columns row"> <div class="article-content col-md-9"> <div class="flex-columns row"> <div class="col-md-12 col-md-push-2 push-unset"> <div class="container-adjust"> <div class="shares-content-width"> <p class="article-byline"> <a href="https://news.artnet.com/about/katya-kazakina-1589">Katya Kazakina</a> <span class="dots"></span> <time datetime="2024-11-22T03:58:16-05:00" title="Nov 21, 2024 10:58 PM">November 21, 2024</time> <span class="dots"></span> <span class="a2a_dd share-header" role="button"> <a class="a2a_dd addtoany_share_save addtoany_share" href="https://www.addtoany.com/share" data-a2a-url="https://news.artnet.com/market/fernando-boteros-market-is-gaining-momentum-heres-why-2571264" data-a2a-title="Fernando Botero’s Market Is Gaining Momentum. Here’s Why"><img src="/app/themes/artnet-news/assets/img/share.svg" alt="Share"></a> <span class="hidden-sm hidden-md hidden-lg">Share</span><span class="hidden-xs">Share This Article</span> </span> </p> </div> <div class="article-body article-tmpl-b article-content-b" data-post-id="2571264"> <p><em>Work of the Week is excerpted from </em>The Back Room<em>, our lively recap funneling only the week’s must-know art industry intel into a nimble read you’ll actually enjoy. Artnet News Pro members get exclusive access—<a href="https://news.artnet.com/subscribe?utm_source=sailthru&utm_medium=email&utm_campaign=news&utm_term=wkly&utm_content=back-room-120823" target="_blank" rel="noopener">subscribe now</a> to receive this in your inbox every Friday.</em></p><div class=" hidden-s hidden-xs"><div class="condensed-newsletter-signup"> <div class="trigger-wrapper"> <h3>The best of Artnet News in your inbox.</h3> <p><a class="condensed-newsletter-trigger" href="#">Sign up for our daily newsletter.</a></p> </div> <ul class="form-container list-unstyled hidden"> <li class="theme-newsletter-signup"> <div class="theme-newsletter-signup widget"> <form class="newsletter-signup-form" action="https://www.artnet.com/api/subscriptions" method="POST"> <div class="newsletter-form-content"> <h2 class="widgettitle"> The best of Artnet News in your inbox. </h2> <div class="widgethint"> Sign up for our daily newsletter. </div> <input type="hidden" name="Source" class="source" value="artnetnews"> <div class="form-group text"> <input type="text" name="Email" class="signup-email form-control" placeholder="Enter your email"> <div class="form-group buttons"> <input type="submit" class="btn btn-primary btn-xs btn-block text-center" value="Subscribe"> </div> </div> <div class="errors"> <div class="invalid-email">Please enter a valid email address</div> <div class="signup-failed">Signup failed. Please try again later.</div> </div> </div> <div class="newsletter-signup-thank-you"> <header>Thank you!</header> <main>You have successfully subscribed to Artnet News.</main> </div> </form> </div> </li> </ul> </div> </div><div class="embedded-ad visible-sm visible-xs"><div id="embed-full-1-2571264-0-hidden-xyz" data-slot="embed-full-1" class="artnet-ad"></div></div> <p>Fernando Botero’s monumental black <em>Horse</em> stands 10 feet tall and extends 7.5 feet across. The bronze is the first of two artist’s proof versions, plus the edition of three. It sold at Sotheby’s New York on November 20 for $4.9 million, making it the most expensive sculpture by the artist to sell at auction and the artist’s second highest auction price.</p><div class=" visible-s visible-xs"><div class="condensed-newsletter-signup"> <div class="trigger-wrapper"> <h3>The best of Artnet News in your inbox.</h3> <p><a class="condensed-newsletter-trigger" href="#">Sign up for our daily newsletter.</a></p> </div> <ul class="form-container list-unstyled hidden"> <li class="theme-newsletter-signup"> <div class="theme-newsletter-signup widget"> <form class="newsletter-signup-form" action="https://www.artnet.com/api/subscriptions" method="POST"> <div class="newsletter-form-content"> <h2 class="widgettitle"> The best of Artnet News in your inbox. </h2> <div class="widgethint"> Sign up for our daily newsletter. </div> <input type="hidden" name="Source" class="source" value="artnetnews"> <div class="form-group text"> <input type="text" name="Email" class="signup-email form-control" placeholder="Enter your email"> <div class="form-group buttons"> <input type="submit" class="btn btn-primary btn-xs btn-block text-center" value="Subscribe"> </div> </div> <div class="errors"> <div class="invalid-email">Please enter a valid email address</div> <div class="signup-failed">Signup failed. Please try again later.</div> </div> </div> <div class="newsletter-signup-thank-you"> <header>Thank you!</header> <main>You have successfully subscribed to Artnet News.</main> </div> </form> </div> </li> </ul> </div> </div> <p>Estimated to fetch between $3 million and $5 million, the consignor, identified only as “an esteemed Southwestern collection” in the sale catalogue, bought the work at Sotheby’s in 2002 for $504,500, just over the estimated presale range of $400,000 to $500,000. At the time, it was offered in a Latin American evening sale.</p> <div id="attachment_2574100" style="width: 1034px" class="wp-caption aligncenter"><img aria-describedby="caption-attachment-2574100" loading="lazy" class="size-large wp-image-2574100" src="https://news.artnet.com/app/news-upload/2024/11/GettyImages-2184207888-1024x683.jpg" alt="a colorful painting of a woman is seen on a spotlit wall in a dark gallery. other paintings can be seen spotlit in the background" width="1024" height="683" srcset="https://news.artnet.com/app/news-upload/2024/11/GettyImages-2184207888-1024x683.jpg 1024w, https://news.artnet.com/app/news-upload/2024/11/GettyImages-2184207888-300x200.jpg 300w, https://news.artnet.com/app/news-upload/2024/11/GettyImages-2184207888-1536x1025.jpg 1536w, https://news.artnet.com/app/news-upload/2024/11/GettyImages-2184207888-2048x1366.jpg 2048w, https://news.artnet.com/app/news-upload/2024/11/GettyImages-2184207888-50x33.jpg 50w, https://news.artnet.com/app/news-upload/2024/11/GettyImages-2184207888-1920x1281.jpg 1920w" sizes="(max-width: 1024px) 100vw, 1024px"><p id="caption-attachment-2574100" class="wp-caption-text">Fernando Botero’s painting “Aurora” is on display during a media preview at Sotheby’s in New York, on November 8, 2024. Photo: Kena Betancur/AFP via Getty Images.</p></div> <p>Since then, Botero’s works have migrated from the regional sales into the most prestigious evening auctions. <em>Horse</em> will be included in the auction house’s “The Now” and contemporary <a href="https://www.sothebys.com/en/artists/fernando-botero" target="_blank" rel="noopener">evening sale</a>—a sign of the increased global popularity of the Colombian artist, who is known for his rotund human figures. The work’s current low estimate marks a nearly 500 percent increase on its previous sale price.</p><div class="embedded-ad visible-sm visible-xs"><div id="embed-full-2-2571264-4-hidden-xyz" data-slot="embed-full-2" class="artnet-ad"></div></div> <p>Unlike many of his male contemporaries, the Colombian figurative artist, who died last year, has had a strong market since the pandemic. Data from Artnet Analytics shows that total auction sales of his work more than doubled between 2020 and and 2023, rising from $9.7 million to $21.2 million. That record has been surpassed already this year, with $25.1 million in auction sales, according to the Artnet Price Database.</p> <p>Botero’s auction record stands at $5.1 million, achieved last year for his 1979 painting, <em>The Musicians</em>, at Christie’s. The most expensive sculpture is <em>Man on a Horse </em>(1999<em>)</em>, an 11-foot-tall bronze that fetched $4.3 million in 2022, also at Christie’s.</p> </div> <div class="embedded-paywall"> <div class="embedded-paywall_content initial-min-height paywall-article-b" id="content_2571264"></div> </div> <div class="pl-sett-padding"> <div class="widget-area" data-num-slides=> <ul class="list-unstyled"><li class="theme-cta widget-1 widget-odd widget-container piklist-universal-widget"><div class="theme-cta widget-1 widget-odd widget"> <div class="cta" style="color:#FFFFFF; background-color:#000000;"> <div class="text"> <div class="wrapper"> Access the data behind the headlines with the artnet Price Database. </div> </div> <div class="buttons"> <a class="btn btn-primary btn-xs btn-block" target="_blank" href="https://www.artnet.com/price-database/" style="color:#000000; background-color:#FFFFFF;"> GET STARTED </a> </div> </div></div></li></ul> </div> </div> </div> </div> </div> <div class="pl-sett-padding"> <div class="authors-list authors-list-setting authors-single row"> <div class="auther-box"> <div class="col-md-12 col-sm-12"> <div class="author-info"> <a href='https://news.artnet.com/about/katya-kazakina-1589' class="author-image"> <img class="img-circle" src="https://news.artnet.com/app/news-upload/2021/04/image-2-e1618922654336.jpg" /> </a> <div class="author-meta"> <a href='https://news.artnet.com/about/katya-kazakina-1589' class="author-text"> <h4 class="author-name h4">Katya Kazakina</h4> <h5 class="author-title h5">Senior Reporter</h5> </a> <ul class="author-links list-icons list-inline"> <li><a target="_blank" href="https://twitter.com/artdetective"><span class="fa fa-twitter"></span></a></li> </ul> </div> </div> </div> </div> </div> <div class="taxonomy-block remove-setting row"> <div class="col-md-12"> <div class="all-topics-container"> <div class="all-topics-inner"> <div class="taxonomy-label"> Article topics </div> <div class="taxonomy-list"> <a class="taxonomy-tag" href="https://news.artnet.com/topic/art-prices">Art Prices</a> <a class="taxonomy-tag" href="https://news.artnet.com/topic/news-pro-topic">Artnet Pro</a> <a class="taxonomy-tag" href="https://news.artnet.com/topic/market">Market</a> <a class="taxonomy-tag" href="https://news.artnet.com/topic/back-room">The Back Room</a> </div> </div> </div> </div> </div> <div class="condensed-newsletter-signup expanded-on-desktop"> <div class="trigger-wrapper visible-xs visible-sm"> <h3>The best of Artnet News in your inbox.</h3> <p><a class="condensed-newsletter-trigger" href="#">Sign up for our daily newsletter.</a></p> </div> <ul class="form-container list-unstyled hidden-xs hidden-sm"> <li class="theme-newsletter-signup"> <div class="theme-newsletter-signup widget"> <form class="newsletter-signup-form" action="" method="POST"> <div class="newsletter-form-content"> <h2 class="widgettitle"> The best of Artnet News in your inbox. </h2> <div class="widgethint"> Sign up for our daily newsletter. </div> <input type="hidden" name="Source" class="source" value="" /> <div class="form-group text"> <input type="text" name="Email" class="signup-email form-control" placeholder="Enter your email" /> <div class="form-group buttons"> <input type="submit" class="btn btn-primary btn-xs btn-block text-center" value="Subscribe" /> </div> </div> <div class="errors"> <div class="invalid-email">Please enter a valid email address</div> <div class="signup-failed">Signup failed. 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