Covarrubias, ‘Juchitecos dancing the son’, 1942

EXITED INVESTMENT

In this cheerful work, Miguel Covarrubias captured a quintessentially Mexican scene: the so-called Juchitecos Dancing the Son, a traditional dance still popular today and emblematic of the culture of Juchitan.

Miguel Covarrubias was an artist and intellectual who lastingly influenced American art and promoted Mexican culture beyond its borders, since he worked from his home country and later moved to the USA. Today, his work is recognized alongside the artistic contributions of Frida Kahlo, Diego Rivera, and other key-figures of 20th century Mexican art.

The Covarrubias market has particularly increased since 2011 and its index grew by around 170% points, outperforming the index of art market greats such as Pablo Picasso and Claude Monet during the respective period.

Artemundi and Splint Invest have partnered to offer European investors fractional ownership of this artwork starting at 50€, and you can use the code ARTEMUNDIMC to get a 50€ welcome bonus (new users only). Investments can be made in Splint Invest’s app, where we kindly ask you to consult all the details about this opportunity.

Released: October, 2023
Investment exit: April, 2025
Holding period: 1.4 years
Realized ROI (net of all fees): 23.6%
Expected return: 10.1%–15.9% p.a.
Annualized return: 16%

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