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Diego Rivera to headline Sotheby's Latin American art sale

Associated Press logo Associated Press 3/21/2017 By SIGAL RATNER-ARIAS, Associated Press

NEW YORK (AP) — Sotheby's says an important piece by Diego Rivera will headline its Latin American art sale in May.

"Portrait of Senorita Matilde Palou" depicts Matilde Palou, a Chilean actress and singer who gained fame in Mexican cinema. The oil on canvas was last seen in public in 1988, when Sotheby's sold it for $203,000.

The auction house tells The Associated Press that it will go on view Wednesday in its galleries in Los Angeles as a prelude to the May 25 auction in New York.

The estimate for the oil on canvas is $2 million to $3 million. The auction record for Rivera is $3,082,500, set in 1995.

Matilde Palou was best known for films such as Luis Bunuel's "Susana," made the same year as Rivera's painting.

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