Watermelon Slices (1950), a work by the Mexican painter Rufino Tamayo currently in the collection of the Museum of Modern Art, will lead Sotheby’s Latin American Art auction in New York next month, the auction house announced.
The work is expected to sell for between $1.5 million and $2 million, money that will go toward future MoMA acquisitions. (Museum industry standards state that any money received through the deaccessioning of work must be used to obtain new works.)
The critic Lee Rosenbaum points out that the deaccessioning is one of many this season, as MoMA joins the Museum of Fine Arts Boston and the Art Institute of Chicago, among others, in selling works at auction.
The Museum of Modern Art has a number of other works by Tamayo in its collection, viewable here.