More works by Bacon and Freud to go up for auction after record prices for Benefits Supervisor Sleeping and Triptych.
London - A week after paintings by Lucian Freud and Francis Bacon shattered auction records in New York, Christie’s announced that it will sell works by the pair in London next month.
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Sotheby’s, the auction house, is banking on a $70 million (£36 million) sale of Francis Bacon’s 1976 painting Triptych next week to offset what it calls uncertain economic times.
The auctioneer hopes that it will attract as much as $477 million from its sales of contemporary art in New York next week, when Mark Rothko’s Orange, [...]

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LONDON.-Sotheby’s auction of Old Master, Modern & Contemporary Prints on Tuesday, 1st April, 2008 offers work by major artists across the history of art. Featuring a rare and important collection of graphic works by Henri Matisse as well as a dedicated group of prints by ‘Andy Warhol & The Pop Generation’, the pre-sale exhibition will [...]

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The late Ileana Sonnabend had a great eye, but no estate can outrun the taxman, and now her art collection is being readied to go on the block to allow her executors to pay taxes on her $400 million estate.
Manhattan-based Sotheby’s and London-based Christie’s International are reportedly competing for the collection, which includes well-known works [...]

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A study of a nude by Anglo-Irish artist Francis Bacon and self-portraits by Andy Warhol were among top lots at a record-breaking contemporary art sale at Sotheby’s in London.
The auction house recorded a sale total of STG95 million ($A199.48 million), which represented the highest total for any Contemporary Art sale ever staged in Europe, a [...]

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Sotheby’s and Phillips de Pury will be testing the confidence of the contemporary-art market in London tomorrow and the day after, with sales that are expected to set European record totals for the auction houses.
The two are forecasting revenue of at least …
Read full story by Scott Reyburn at Bloomberg.com

Tags: Bacon, Sotheby’s, Warhol

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“When I die, my paintings won’t be worth anything, I’ll be forgotten,” Francis Bacon once told a friend. How wrong the artist, who died in 1992, was. One of his canvases was sold last night for £26.34 million, breaking the record for any postwar and contemporary work of art sold in Europe.
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It’s the most expensive post-war work of art ever to be sold in Europe - £26.3m with commission.
Stocks and property are wobbling, credit has evaporated, but in the surreal world of London’s auction houses…
Read full story at the Telegraph U.K.

Tags: art, Bacon, UK

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Jan. 15 (Bloomberg) — A Francis Bacon painting is estimated to fetch at least 25 million pounds ($49 million) in a Feb. 6 sale, the most expensive artwork ever offered at a London auction, Christie’s International said.
The artist’s “Triptych 1974-77” of figures on a beach is being sold…
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Tags: auction, Bacon, Christies, painting

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