11.15.2013

ICYMI: Francis Bacon triptich sells for $142.4 Million...

ICYMI:

Francis Bacon's triptych sold at Christie's auction house for a record $142.4 million on Tuesday. The piece was originally estimated at $85 million but 7 bidders brought the total to a record breaking amount. The piece titled 'Three Studies of Lucian Freud' was painted in 1969 and was one of many Bacon pieces to be auctioned.  

Fun Fact: The final sale price total include the buyer’s premium (25% of the first $100,000; 20%  of the next $100,000 to $2 million; and 12% of the rest).


More about Bacon on Christie's website

And if you have some time to kill, check out the e-catalog on the piece (its about 200 pages long). There are lots of pictures and more indepth information about Bacon, Freud and the piece.

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