The auction takes place twice a year and features the biggest names in Central America and South American art.

According to Deloitte and Art Tactic's 2016 report, Latin American modern and contemporary art experience an annual growth of 11%.

Fernando Botero, Bodegon con guitarra, 1958 Fernando Botero, Bodegon con guitarra, 1958

Latin American artists have exploded on to the global art scene, evident in Paris' Centre Pompidou retrospective of the Cuban painter Wifredo Lam this year as well as works by Latin American artists being donated to MoMA, New York.

Renowned artists Carlos Cruz-Diez and Jesús Rafael Soto will feature in Morton Subastas' sale. The sale has a particularly important work by Fernando Botero, one of the most famous of Latin America's art exports. This 1958 work is considered a piece from Botero's youth, a fine example of the first steps the artist took into creating his recognisable voluptuous figures.

Morton Subastas will also presents a series of beautiful self-portraits by artists José Luis Cuevas, Miguel Covarrubias, Alfredo Castaneda, Francisco Toledo and Edouard Duval-Carrie.

Alfredo Castenda, El sexto sentido Alfredo Castenda, El sexto sentido

The rest of the catalogue features works by most major modern masters of Latin America from Chile, Brazil, Colombia, Cuba, Argentina, Peru, Uruguay and Mexico.

Pedro Coronel, Prometeo, ca. 1952 Pedro Coronel, Prometeo, ca. 1952

The sale will take place on November 17 at Club Naval Norte in Mexico. The public exhibition is on now. Check out the full catalog here.