At the Latin American two-day art sale on Nov. 15-16, 2011, creations by renowned Mexican painter Rufino Tamayo and Fernando Botero are said to be the highlights of the event.

At the upcoming New York Latin American art auction, Christie's aims for sales of around $18-$25 million.

Cast in the year 2007, the bronze Dancers sculpture by Botero is reportedly 10 feet 5 inches and is expected to auction for $2 million.

Reuters reported that if the sculpture reaches its top estimates it will exceed the $1.6 million auction record for a Botero sculpture, said Virglio Garza, Christie's Latin American art chief.

It could be one of his tallest sculptures ever to come to auction, Garza told Reuters. It's unusual because the dancers are of equal proportion. Normally Botero shows one dancer as larger.

Last week, there have been record auction deals for contemporary and post-war art achieved by Christie's and Sotheby's together.

Apart from this, there are other Latam art creations by Mexico's Diego Rivera, Chile's Claudio Bravo, Cuba's Wilfredo Lam, Mexico's Francisco Toledo and Brazil's Emiliano di Calvacanti.