The multimillion-dollar sale of The Dream (The Bed) reveals how Frida Kahlo established herself as the most sought-after female artist on the planet.
On November 20, 2025, a Frida Kahlo painting reached a historic price at auction: The Dream (The Bed) from 1940 sold for $54.7 million, becoming the most expensive work ever sold at auction by a woman.

This result not only set an unprecedented record price but also reignited the debate about the symbolic, cultural, and market value of female artists in the history of contemporary and modern art.
The Painting
The Dream (The Bed) is a work that brings together many of the recurring themes and formal elements in Frida Kahlo's oeuvre: the domestic sphere as a mythical setting, the presence of the bed as a place of pain and desire, fragmented corporeality, and imagery that blends Mexican folklore with personal symbols, such as skeletons, flowers, and animals.
The scene depicts a woman asleep in a bed with a slanted frame, while above her floats a skeletal figure enveloped in flowers and explosives; the bed itself appears suspended in a dreamlike space. Kahlo painted this work in 1940, during a period of full creative maturity following her encounter with European Surrealism and her consolidation as a central figure in the Mexican avant-garde.
Although the artist refused to be pigeonholed into any particular school, the blend of the intimate, the ritualistic, and the symbolic in The Dream allows it to be interpreted as a painting that functions on several levels: autobiographical, political, and aesthetic. However, the size and provenance of the work also influenced its price.
Works by Kahlo are relatively scarce on the market, as many remain in Mexican public collections or were retained by heirs, so every appearance at auction of a well-documented oil painting generates great interest among private and institutional collectors. Furthermore, this piece came from a renowned private collection, which amplified international attention at its auction.
Frida as the most expensive female artist
Frida Kahlo reached the pinnacle of the women's art market due to a combination of factors: her work, small in volume but enormous in symbolic intensity; her public myth through photographs, diaries, and correspondence; the surge of global interest in narratives that recover historically marginalized voices; and the sustained demand for Latin American art and for pieces with a powerful cultural charge.
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The iconography of the painting—that is, the bed as a place of illness and sleep, the proximity of death—connects directly with Kahlo's biography: her accident, her surgeries, and her tumultuous relationship with Diego Rivera. This makes the work function today both as an emotional document and a highly collectible object. All of this explains how she became the "most expensive artist."
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