A painting Francis Bacon sold for £18.0 million pounds yesterday, the second highest price paid for a work of art at a Christie’s post-war and contemporary auction in London.
“Study for a Portrait,” depicting a besuited man seated on a gilded armchair enshrouded in a sea of blue, had been expected to fetch around 11 million pounds, although the sale price includes a buyer’s premium which the estimate does not.
The most expensive work of art sold at an equivalent sale at Christie’s, London, was also by Bacon — his “Triptych” raised 26.3 million pounds in 2008. Via:[ArtDaily]