Francis Bacon

9 Stories

After 6 Frenzied Minutes, Art Sale Record Smashed

Bacon triptych fetches $142.5M as balloon dog pops another record

(Newser) - The world's super-rich toppled plenty of records at a Christie's art auction in New York City last night—including the record for most expensive auction, which now stands at $691.5 million. A big chunk of that came from a single painting, a 1969 Francis Bacon triptych of... More »

Warhol's Double Elvis Sells for $37M

Lichtenstein's 'Sleeping Girl' brings in $45M

(Newser) - Another strong day for Sotheby's, though maybe not on the scale of the The Scream :
  • Andy Warhol's silkscreen Double Elvis sold for $37 million. One of 22 made by Warhol, it's based on a movie still and shows Elvis as a gun-toting cowboy, notes the Guardian .
  • Roy
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Francis Bacon's Work Relied on 'Gimmick'

(Newser) - Francis Bacon’s paintings still have the ability to shock, but beneath that initial thrill lies a consistent, even amateur, formula that “had grown stagnant by 1965,” Jerry Saltz writes in New York in previewing a retrospective opening today at the Metropolitan Museum of Art. “The calculated... More »

Strapped Art Market Preps for Auctions

Expectations low as auction houses try variety of tactics

(Newser) - After a 7-year boom, art auction houses are struggling as collectors hit hard by the recession close their wallets. Sotheby’s predicts it will pull in $179 million to $256 million at spring sales, compared to $742 million a year ago. As the spring events approach, auctioneers are employing an... More »

Major Works Fail to Sell at Christie's

Dismal auction season continues as Bacon fails to find buyer

(Newser) - The art world bust continued last night at the Christie's contemporary auction in New York, where almost a third of the 75 works on the block went unsold. Not a single collector bid for the highlight of the sale, a self-portrait by Francis Bacon estimated to sell for around $40... More »

Painting Price Spells Gloom for Economy

Portrait of Bacon auctions for only $9.4M at Christie's

(Newser) - A Lucian Freud painting expected to sell for more than $12 million at Christie’s today went for only $9.4 million, a sign that even super-rich buyers of contemporary art are cutting back in the financial crisis, the Daily Telegraph reports. The art world anxiously awaited the sale of... More »

Bacon Breaks Record as Art Market Sizzles

Artist's 1976 masterpiece sells for $86M at red-hot Sotheby's sale

(Newser) - A 1976 triptych painting by Francis Bacon became the most expensive piece of contemporary art ever sold when it went for $86.2 million at auction last night, Reuters reports. Seventeen other artists also set records at the sale, boosting Sotheby's to the best night in its 300-year history and... More »

Contemporary Art Scores for Auction Houses

Sales swelled 36% in 2007; some fear houses too invested in the new

(Newser) - Contemporary art has been very good to Sotheby’s, fueling a 46% boost in sales for the world’s second-largest auctioneer this year over last, Bloomberg says. A crop of new collectors from the US, Russia and Asia brought new records for artists like Francis Bacon and Jeff Koons, for... More »

London Art Sales Soar

Bacon tops Sotheby's contemporary auctions; London shows new art-market clout

(Newser) - Francis Bacon took top honors and Damien Hirst became the highest-priced living artist—beating out Jasper Johns—at Sotheby's contemporary auctions in London last week. A 1971 Bacon self-portrait went for $43.2 million, and the Hirst pill cabinet called "Lullaby Spring" for $19.4 million. "Hirst is... More »

9 Stories