On Friday, May 20, Phillips announced that it had facilitated a private sale of a Diego Rivera painting that netted $15.7 million—the highest price ever paid for a Latin American work of art. Dance in Tehuantepec was acquired by the Argentinian collector Eduardo Costantini, who tried to purchase the painting at an auction at Sotheby’s back in 1995. Costantini will exhibit the work in the museum he founded,  the Museum of Latin American Art of Buenos Aires.