(21 Nov 2007)
New York City - 20 November 2007
1. Southeby's Building
2. Sotheby's auction room, during latin art auction
New York City, New York 19 November 2007
3. Various Robert Matta's "Et at it"
New York City -19 November 2007
4. End of the bidding on Matta's "Et at it"
5. Start of the bidding on Fernando Botero's "Le D�jeuner Sur L'Herbe"
New York City - 19 November 2007
6. Fernando Botero's "Le D�jeuner Sur L'Herbe"
7. Various of bidders and audience during the bidding on Botero's "Le D�jeuner Sur L'Herbe"
8. Auctioneer brings the hammer down on "Le D�jeuner Sur L'Herbe" for 1.329 (m) million US Dollars
9. SOUNDBITE: (Spanish) Gary Nader, winning bidder of Botero's "Le D�jeuner Sur L'Herbe":
"It's a very important painting, it was an important year and I have 30 or 40 or 50 Botero oils in my gallery collection and it's an important addition and it's a museum piece. It's very complete, it's iconographic of what he does and the group of people in Botero are very important for his career and you can't find them very easily. I thought I was going to pay two million dollars for the piece, so paying one, one plus commission, I stole it."
10. Bidding opens on Rufino Tamayo's "Tres Personajes", estimated between 750,000 and 1 (m) million US Dollars
New York City -19 November 2007
11.Various of Rufino Tamayo's "Tres Personajes" painting
New York City - 20 November 2007
12. Various of bidding on Rufino Tamayo's "Tres Personajes", before the hammer falls at 900,000 (t) thousand US Dollars
13. SOUNDBITE: (Spanish) Carmen Melian, Sotheby's Director of Latin American art:
"It feels wonderful, but the most wonderful thing is that it was returned to its rightful owners and they weren't left hanging after twenty years, that's really the great part, that it was lost and found."
14. Sotheby's auction room
STORYLINE:
A masterpiece by a well-known Mexican artist that was discarded with the rubbish and subsequently discovered by a woman who knew little about modern art could fetch as much as 1 (m) million dollars at Sotheby's on Tuesday night.
The painting "Tres Personajes," by Rufino Tamayo, was discovered in 2003 by Elizabeth Gibson, who spotted lying in the street with the rubbish cans on her morning walk to Manhattan's Upper West Side.
She said she took it home because "even though I didn't understand it, I knew it had power."
Gibson spent four years trying to find out about the picture, finally discovering on the "Antiques Roadshow" Web site that the painting had been featured on a popular PBS (Public Broadcasting System) programme and described as a missing masterpiece stolen in 1989.
Gibson has received 15,000 dollars in reward money for turning in the painting - Tres Personajes" and will receive a percentage of the sale price.
Painted in 1970, "Tres Personajes" was purchased by a Houston collector for 55,000 dollars as a gift for his wife at a Sotheby's auction in 1977.
Ten years later, as the couple was moving to a new home, it was stolen from a warehouse where it had been temporarily stored.
The husband has since died, and the widow, who wished to remain anonymous, had decided to sell it.
Tamayo was born in 1899 and died in 1991. His early work has similarities to that of famed 20th century mural Diego Rivera.
His later work features the vivid colours and expressions of his native state of Oaxaca.
Apart from the Tamayo, the auction also offered a Fernando Botero's painting of "Le Dejeuner sur L'Herbe," which fetched 1,329,000 US dollars and a Roberto Matta painting entitled "Et At It," which was expected to sell for 2.5 to 3.5 (m) million US dollars.

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