Norman Foster’s Francis Bacon Triptych Set to Raise $47.3-74.3 Million | News
Francis Bacon, Triptych 1986-7, 1986-87. Image courtesy of Christie’s.
Bacon’s Triptych 1986–7, which is expected to sell with an estimate of 35–55 million pounds ($47.3–74.3 million) on March 1 in the first of a series of 20th and 21st century art at high-stakes auctions, is being sold by star architect Norman Foster, according to people familiar with the work.— Artnet News
The painting is one of 28 historic triptychs Bacon completed between 1944 and 1991. Past auctions have fetched up to $84.6m (£62.1m) for similar works, including including his masterpiece. Three studies by Lucian Freudwhich caused a media sensation in 2013 after setting records as the most expensive painting ever sold.
The news of the upcoming auction has already been discussed in the Archinect forum…
Foster appears to have purchased the triptych anonymously in 2007 from the Marlborough Gallery in New York. The piece had recently been purchased privately for values in excess of $100 million, according to Artnet. Next month’s auction will mark the first time it has appeared in a public sale.