Miguel Covarrubias, Juchitecos dancing the son, 1942

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Who is Miguel Covarrubias?
Miguel Covarrubias: The Versatile Visionary (1904-1957)
Miguel Covarrubias was a Mexican painter, caricaturist, illustrator, ethnologist, and art historian, leaving an indelible mark on American art and promoting Mexican culture across borders. His relocation to New York catapulted him into the world of top magazines, ultimately earning him the title of Vanity Fair magazine's premier caricaturist. Today, his work stands proudly beside the artistic contributions of Frida Kahlo, Diego Rivera, and other 20th-century Mexican art luminaries. The Covarrubias market has experienced significant growth since 2011, with its index surging by approximately 170 percentage points, surpassing even art market giants like Pablo Picasso and Claude Monet during the same period.

Why this Art Piece?
A Glimpse of Mexican Heritage: "Juchitecos Dancing the Son"
In this vibrant paper artwork, Mexican artist Miguel Covarrubias captures a quintessentially Mexican scene - the Juchitecos dancing the Son, a traditional dance that remains popular and emblematic of Juchitan's culture in Mexico. The scene unfolds like a living storybook, with two dancing couples in the foreground, surrounded by eager dancers awaiting their turn. The women are adorned in intricately embroidered traditional dresses, showcasing the region's colorful patterns. As they swing their skirts, they are courted by men whose simple attire accentuates the women's wardrobe. Notably, this splendid representation of traditional clothing earned the artwork a feature in Vogue magazine in 1942, titled "Woman of Fashion."

A Dedication to Friendship: The Holger Graffman Connection
Covarrubias, sharing a birth year with Salvador Dali and counting Frida Kahlo and Diego Rivera as friends, dedicated this artwork to his friend Holger Graffman, a Swedish collector and patron of Mexican art. Over time, the artwork transitioned from Graffman's heirs to a private collection, ultimately finding its way into the possession of the current owner. Remarkably, this masterpiece has remained hidden from public view throughout its history, creating anticipation for its public debut, offering accessibility for researchers and art enthusiasts alike.

Unveiling a Hidden Gem: The Opportunity for Public Display
Since its creation in 1942, this artwork has not graced the public eye through exhibitions, presenting a unique opportunity to enhance its value. Its portrayal of a traditional Mexican scene and its representation of Mexican culture make it particularly enticing to museums and institutions. Furthermore, its recognition in Vogue magazine in 1942 underscores its significance as a piece of Mexican history interwoven with American life and culture, exemplifying the profound connection between these two great nations.

Investment Potential: Covarrubias' Market Appeal
Covarrubias' depictions of traditional and folkloristic scenes consistently enjoy market appreciation, consistently surpassing high estimates. Moreover, the valuation of this selected artwork concluded with a higher price than its purchase cost, establishing an inherent margin for investors. This unique opportunity not only reduces risks but also provides additional security, making it an attractive proposition for potential investors.