A rare and record-shattering Francis Bacon triptych that became the most expensive art work ever sold at auction helped Christie’s New York Post-War & Contemporary Art evening sale to blow past pre-sale expectations, bringing in a total of $691,583,000. The tally defied its $470.5-670.4 million pre-sale estimate, as 63 of the 69 lots offered sold for a buy-in rate of nine percent by lot, and only two percent by value. This two-hour-long historic sale became the highest-priced auction in any category, trumping the $495 million watermark set by Christie’s in the same category last May.
Lots More info over at BlouinARTINFO
Francis Bacon’s “Three Studies of Lucian Freud” (1969) blew past estimates to sell for $142,405,000, setting a new record.
VIDEO: Christies Sale brings in more than $691.5 million !
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