Wednesday, 13 November 2013

Francis Bacon Painting Sells For $142M in NY, Sets World Record For Artwork Sold At Auction

A painting by Francis Bacon of his friend and fellow artist Lucian Freud has become the most expensive artwork ever sold at auction after it fetched $142m (£89m, 106m euros) in New York. The triptych, Three Studies of Lucian Freud (1969), is considered one of Bacon's greatest masterpieces.
It was sold after six minutes of fierce bidding, Christie's auction house said. The price eclipsed the $119.9m (£74m) paid for Edvard Munch's The Scream last year.

It was the first time Three Studies of Lucian Freud had been offered at auction and bidding opened at $80m (£50m, 60m euros).
Bacon and Freud met in 1945 and became close companions, painting each other on a number of occasions, before their relationship cooled during the 1970s.

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