Works by Francis Bacon have been big sellers at auction recently, and Christie’s sale of postwar and contemporary art here on Monday was no different. Four tenacious bidders vied for his “Three Studies for Self-Portrait” from 1975 in what became the evening’s longest bidding war, with two would-be buyers on the phone still running up [...]
A 1976 triptych by Francis Bacon brought $86.3 million on Wednesday night at Sotheby’s, becoming the most expensive work of contemporary art ever sold at auction and a retort to doomsayers who had predicted that the art market would falter seriously this season because of broad economic anxieties.
“Recession? What recession?” Barbara Gladstone, a Chelsea dealer, [...]
You can’t help but wonder just how many of the smartly dressed people sitting night after night at Sotheby’s, Christie’s and Phillips de Pury over the next two weeks will be serious bidders and how many will be voyeurs hoping to witness an implosion of the multibillion dollar art market.
For years collectors and the news [...]
A mysterious three-part painting that is viewed as a Francis Bacon masterpiece sold for $46.1 million Wednesday night at a Christie’s auction here, countering expectations of a record price for his work.
