Diego Rivera Work Sells for $5.5m to Deliver a 7% Annualized Return

Diego Rivera Work Sells for $5.5m to Deliver a 7% Annualized Return

3 min read  ·  13 May 2025

La ofrenda de Janitzio. Image courtesy of Christie's

La ofrenda de Janitzio. Image courtesy of Christie's

Diego Rivera, La ofrenda de Janitzio (1947) sold for $5.5m, more than the low estimate at Christie's in New York on May 12.

The sale beat the previous auction result for this work by $5.2m, equivalent to an annualized return of 7%. It last sold at auction in 1985 for $300,000 at Sotheby's.

Oil on linen laid down on masonite, 114.9 x 94.6cm. The work has been traded 3 times in the past.

Sale Date
Price
Price Increase
Venue
City
2025-05-12
$5.5m
1732 %
Christie's
New York
1985-05-28
$300,000
-
Sotheby's
New York

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