Louise Bourgeois’ ‘Spider’ Sells for Nearly $33 Million at Auction

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The work became known after spending 20 years on display at MAM in São Paulo. Casa estimated sculpture between US$ 30 million and US$ 40 million. ‘Aranha’, by Louise Bourgeois, which was exhibited at MAM-SP for 20 years, is sold for almost US$ 33 million at auction $ 33 million at auction in the United States, this Thursday (18). The work became known for spending 20 years on display at the Museum of Modern Art (MAM) in São Paulo (SP). Constructed in bronze by the artist in 1996, this was the first of a collection of six such sculptures. The sale was within the expectations of the Sothebys auction house, which estimated the sculpture at between US$ 30 million and US$ 40 million. The buyer’s identity has not been revealed. Owned by Fundação Itaú, it was loaned to MAM for a long time between 1997 and 2017. Before that, it had passed through the American cities of San Francisco and Washington. Afterwards, he also visited the Oscar Niemeyer Museum, in Curitiba (PR), at the Inhotim Institute, in Brumadinho (MG).

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