November 24, 2013
Mohenjo
Arts
amazon, Art Auction, Art Auction Record, arts, Arts News, Bacon, business, Business News, contemporary art, Edvard Munch, Francis Bacon, Francis Bacon Artist, Francis Bacon Auction, Francis Bacon Painting, Francis Bacon Painting Auction, Francis Bacon Picture, Francis Bacon Record, Health, Hotels, huffingtonpost, human-rights, Lucian Freud, Mark Rothko, medicine, mental-health, research, Science, Science News, Slideshow, technology, Technology News, travel, vacation, Video, world record
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A 1969 painting by Francis Bacon set a world record for most expensive artwork ever sold at auction.
“Three Studies of Lucian Freud” was purchased for $142,405,000 at Christie’s postwar and contemporary art sale on Tuesday night. The triptych depicts Bacon’s artist friend.
The work sold after “6 minutes of fierce bidding in the room and on the phone,” Christie’s said in a statement. The price includes the buyer’s premium. Christie’s did not say who bought the painting.
The price surpassed the nearly $120 million paid for Edvard Munch’s “The Scream,” which set a world record when it was sold at Sotheby’s in a 2012 sale.
The previous record for Bacon’s artwork sold at auction was his 1976 “Triptych.” That sold for $86 million in 2008.
Among other highlights scheduled to be auctioned at Christie’s is a bright orange-yellow and white oil painting by Mark Rothko. Reminiscent of a radiating sunset, the 1957 large-scale “Untitled (No. 11)” could fetch up to $35 million. In May 2012, Christie’s sold Rothko’s “Orange, Red, Yellow” for $86.8 million, a record for any contemporary artwork at auction.
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Peter Macdiarmid via Getty Images
A cameraman films Francis Bacon’s ‘Three Studies of Lucien Freud’ on display at Christie’s on October 14, 2013 in London, England. (Photo by Peter Macdiarmid/Getty Images)
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November 1, 2013
Mohenjo
Arts
amazon, Art Auction, arts, Arts News, Auction News, business, Business News, Chrisite's, Christie's Auction, Health, Hotels, huffingtonpost, human-rights, Jan Krugier, Jan Krugier Collection, medicine, mental-health, Pablo Picasso, Picasso, Picasso Auction, Picasso masterpieces, Picasso Sale, picassso, politics, raffle tickets, research, Science, Science News, technology, Technology News, travel, vacation
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Earlier this month an online raffle gave art admirers the opportunity to own their very own Picasso drawing for just $135. It might seem like a bargain, but with 50,000 raffle tickets available, the $1 million artwork could stand to raise $6.75 million in the end (with all proceeds going toward the preservation of the ancient city of Tyre).
That sum, however, doesn’t hold a candle to an upcoming sale of 29 Picasso artworks at Christie’s in New York City, heading to auction courtesy of the famed collector Jan Krugier. Including wood sculptures, minotaur sketches and portraits of Paloma, the bevy of Picasso masterpieces are set to hit the bidding block at the same time, with one lot alone boasting a $35 million high estimate.
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A Dialogue Through Art: Works from The Jan Krugier Collection, a two-part auction, will take place on November 4 and 5, 2013. Select pieces will be on view at Christie’s in New York City from October 12-27.
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Pablo Picasso (1881-1973), La Minotauromachie, etching and engraving with scraper, executed on 1935. Estimate: $1,000,000-1,500,000 .
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James' World 2 