Francis Bacon Work Could Fetch $80M

Three Studies For A Portrait Of John Edwards by Francis Bacon, which is expected to fetch around 80 million US dollars. Photo: Dominic Lipinski/PA

Three Studies For A Portrait Of John Edwards by Francis Bacon, which is expected to fetch around 80 million US dollars. Photo: Dominic Lipinski/PA

NEW YORK (AP) — A triptych by Francis Bacon of his longtime companion is poised to sell for about $80 million at Christie’s as the spring art auction season revs up with sales of postwar and contemporary works.

A provocative image by Andy Warhol of the 1963 Birmingham, Alabama, race riots and a seminal painting by Jean-Michel Basquiat of a regal warrior figure are among other big-ticket items coming up for sale Tuesday evening.

Andy Warhol's 1964 "Race Riot," in four parts painted with acrylic and silkscreen ink on linen. (AP Photo/Christie's)

Andy Warhol’s 1964 Race Riot, in four parts painted with acrylic and silkscreen ink on linen.                   (AP Photo/Christie’s)

Bacon’s “Three Studies for a Portrait of John Edwards” was executed in 1984 and comes on the market a year after Christie’s sold his 1969 “Three Studies of Lucian Freud” for $142.4 million, setting a world record for the most expensive artwork ever sold at auction.

Bacon, who died in 1992, named Edwards his sole heir. Edwards oversaw the British artist’s archives until his death in 2003. The three-panel work shows him in a relaxed pose sitting on a stool with his right leg crossed over his left knee.

Christie’s says it is one of the greatest paintings from the artist’s late period.

Warhol’s “Race Riot, 1964,” a rare four-panel painting from his “Death and Disaster” series, is estimated to sell for $45 million. It was a direct response to an article Warhol saw in Life magazine that ran with an image by Associated Press Photographer Charles Moore…(read more)

AP 5/13/2014 6:41:05 AM

 


One Comment on “Francis Bacon Work Could Fetch $80M”

  1. […] Pundit from another Planet NEW YORK (AP) — A triptych by Francis Bacon of his longtime companion is poised to sell for […]


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.