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Frida Kahlo's 'Diego y yo' self-portrait sells for record $34.9 million

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NEW YORK - One of artist Frida Kahlo’s final self-portraits sold for a record $34.9 million on Tuesday — the highest known price ever paid for a piece of Latin American art.The 1949 self-portrait, titled "Diego y yo" (Diego and I), was sold Tuesday evening for the record price at Sotheby’s Modern Evening Sale in New York City.

The portrait last sold at an auction in 1990 for $1.4 million, the company said.The painting was purchased by the Eduardo F.

Costantini Collection, according to Sotheby’s. Constantini, an Argentine real estate developer and businessman, is a renowned collector committed to supporting Latin American art and artists.

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