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ART MARKET: A triptych by Francis Bacon sold for $ 142.4 million

November 14th, 2013 · No Comments · 320 views


"Three Studies of Lucian Freud" is now the most expensive in the world work. The triptych by Francis Bacon, made in 1969, was awarded Tuesday to a record $ 142.4 million (€ 105.9 million) at Christie's in New York.

The painting was "awarded after six minutes of intense bidding in the room and on the phone," said Christie's. Greeted by applause in the room, this sale will overwrite the previous record of $ 119.9 million awarded to the famous painting "The Scream" by Norwegian artist , gien Edvard Munch auction in May 2012 in New York by the rival company, Sotheby's. Christie's said the buyer was a New York gallery, Acquavella, who may have served only as an intermediary. "An icon of the twentieth century art" Before the sale, Christie's had described the work as "an icon of twentieth-century art" , pointing out that the auction was a "one in a lifetime opportunity" to acquire. The work is Lucian Freud, Francis Bacon's friend and painter himself, sitting on a chair, seen from the front and side. There is another Full of Bacon triptych representing the grand-son of the founder of psychoanalysis Sigmund Freud, according to the auction house. The triptych, three panels were separated for fifteen years, was painted about 25 years after the encounter between Francis Bacon and Lucian Freud, and had never e , tee on the market. The soaring prices of the art market just after the auction of the work of Bacon, Christie's has landed another record with the sale of orange giant dog sculpture "Balloon Dog" by Jeff Koons, sold for $ 58.4 million, a record a still life artist. Bacon and Koons were the most popular of a series of 69 works of the twentieth century to be auctioned lots on an art market Contemporary familiar soaring prices. Among the other records broken Tuesday, a "Coca-Cola (3)" Andy Warhol was awarded $ 57.3 million and an array of Mark Rothko "No. 11 (Untitled)" , has sold 46.1 million. Brett Gorvy, head of contemporary art at Christie's, recently explained that these sales were a small revolution with the arrival of new collectors looking for the best. Billionaires from Asia, China, Gulf, Latin America or Russia have galvanized the New York market, dominated for years by the Americans.

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