Francis Bacon's triptych 'Three Studies of Lucian Freud' has sold for $142 million, the highest price ever paid for a painting at auction, the Guardian reports:
The 1969 triptych, never before offered at auction, had carried a pre-sale estimate of about $85m. In the end it easily eclipsed the $119.9m price of Edvard Munch's The Scream, achieved in May 2012 year at Sotheby's. The previous record for a Bacon work of art was $86.3m set in 2008.
The monumental painting depicts the Dublin-born painter's friend and fellow artist Lucian Freud on a chair, with a view from each side and one face-on. Christie's called it "a true masterpiece that marks Bacon and Freud's relationship" and their "creative and emotional kinship".
With bidding starting at a whopping $80m, it sold after a protracted bidding war both in the packed New York salesroom and via telephone. Christie's did not disclose the identity of the successful buyer.
Watch Christie's explain why the painting is so significant in a fascinating 4-minute featurette surrounding the sale, AFTER THE JUMP...
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A moment from this weekend's GLAAD awards in which kisses from Naya Rivera, Cory Monteith, and John Stamos were auctioned. Stamos and his winner were the only same-sex kiss, won for a bid of $5,000. Perhaps they could have received a couple thousand more if there was tongue involved.
Watch, AFTER THE JUMP...
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"Rhein II", a photograph of the Rhine River by Andreas Gursky, was sold for $4.3 million at Christie's last night, breaking Cindy Sherman's previous record of $3.89 million, set in May.
A Roy Lichtenstein record was broken too, with a single work going for $43.2 million: "As actor Leonardo DiCaprio looked on in blue jeans and blue baseball cap, the pop artist's 'I Can See the Whole Room!... And There's Nobody in It!' helped London-based Christie's reach a total of $247.6 million."
See the Lichtenstein, AFTER THE JUMP...
Continue reading "Last Night, This $4.3 Million Andreas Gursky Photograph Became the Most Expensive Ever Sold at Auction" »