Botero sculpture fetches $1.7M in NY

By the Associated Press | November 16, 2011 | 12:40 AM EST

NEW YORK (AP) — Fernando Botero's monumental bronze "Dancers" fetched over $1.7 million dollars at a New York auction, setting a new record for a sculpture by the renowned Colombian artist.

The 10 feet 5 inches tall sculpture, which depicts a couple standing face to face, as if about to start a dance, was made in 2007 and bought directly from Botero.

It was acquired at the first session of Christie's Latin American Art sale on Tuesday, by a European private buyer whose identity was not revealed.

The previous record for a sculpture by Botero was $1.6 million, achieved in 2007 also at Christie's with 1986's white marble piece "Mujer fumando", or "Woman Smoking."