Historic Auction Could Redefine Female Artist Market
A remarkable self-portrait by Mexican artist Frida Kahlo is poised to make auction history this Thursday at Sotheby's in New York. The 1940 painting, titled "El sueño (La cama)" or "The Dream (The Bed)," carries an estimated value between $40 million and $60 million.
This staggering price could see it surpass the current auction record for any female artist, set in 2014 when Georgia O'Keeffe's "Jimson Weed/White Flower No. 1" fetched $44.4 million at the same auction house.
The Spectral Masterpiece: Art Meets Mortality
The painting presents a haunting vision of the artist asleep in a wooden colonial-style bed, wrapped in a golden blanket embroidered with intricate vines and leaves. Hovering above her, seemingly levitating atop the bedposts, lies a full-sized skeleton.
In its catalog notes, Sotheby's describes the work as offering "a spectral meditation on the porous boundary between sleep and death." The suspended skeleton is widely interpreted as visualising Kahlo's anxiety about dying in her sleep - a fear rooted in her lifelong battle with chronic pain following a devastating bus accident at age 18.
From Private Collection to Auction Spotlight
This masterpiece last appeared publicly in the late 1990s and now headlines Sotheby's surrealist sale featuring over 100 works by artists including Salvador Dalí, René Magritte, and Max Ernst. All pieces originate from an undisclosed private collection.
While Kahlo's current auction record stands at $34.9 million for "Diego and I" in 2021, her works have reportedly achieved even higher prices in private sales. This auction represents a significant moment for both Kahlo's legacy and the market for female artists globally.
Kahlo's extraordinary life story informs much of her work. She began painting while bedridden after her accident, undergoing numerous painful surgeries on her damaged spine and pelvis. She continued to wear medical casts until her death in 1954 at age 47, transforming personal suffering into powerful art that continues to captivate collectors and museums worldwide.