Bacon’s Triptych 1986–7, which is scheduled to be sold with an estimate of £35 million to £55 million ($47.3 million to $74.3 million) on March 1 in the first of a series of high-stakes 20th- and 21st-century art auctions, is being sold by star architect Norman Foster, according to people familiar with the work. — Artnet News
The painting is one of 28 historical triptychs Bacon completed between 1944 and 1991. Past auctions have commanded prices as high as $84.6 million (£62.1 million) for similar works, including his masterpiece Three Studies of Lucian Freud, which caused a media sensation in 2013 after setting records as the most expensive painting ever sold.
News of the upcoming auction has already been getting discussed in the Archinect Forum...
Foster appears to have purchased the triptych anonymously in 2007 from New York’s Marlborough Gallery. The piece had recently been shopped around privately for values upwards of $100 million, according to Artnet. Next month's auction will constitute the first time it has appeared in a public sale.
No Comments
Block this user
Are you sure you want to block this user and hide all related comments throughout the site?
Archinect
This is your first comment on Archinect. Your comment will be visible once approved.