Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

Bacon painting fetches $86M at auction

|
|
 
  
Visitors look at Francis Bacon's "Seated Woman", December 11, 2007 on display at Sotheby's Charpentier Gallery in Paris. The painting, owned by a U.S. collector, is estimated to be worth between 7.5 and 10 million euros (10.2 to 14.6 million U.S. dollars) and is expected to sell at a record high tomorrow at he biggest contemporary art sale organized by the auction house since 2001. (UPI Photo/Eco Clement) 
License photo
Published: May 16, 2008 at 7:48 AM

NEW YORK, May 16 (UPI) -- A 1976 triptych by late Irish-born painter Francis Bacon reportedly was sold for a record $86.3 million at Sotheby's in New York.

The price is the highest ever paid for a contemporary work of art sold at auction, The New York Times said.

The work is comprised of three panels, each measuring about 6 1/2 feet by 5 feet.

The Times said three telephone bidders competed for the painting, which was being sold by the Moueix family, producers of Chateau Petrus wines. The Times didn't name the winning bidder.

Sotheby's had estimated the allegorical triptych, which was the artist's commentary on his own angst, would sell for $70 million, the newspaper said.

The final selling price includes the auction house's commission, which estimates don't reflect.

Topics: Francis Bacon
© 2008 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
  
Join the conversation
Most Popular Collections
Protesters, police clash at NATO summit Notable deaths of 2012 2012 Billboard Music Awards
The 137th Preakness Stakes Annual Solar eclipse occurs in U.S. Chen Guangcheng arrives in the U.S.
Additional Entertainment News Stories
1 of 29
Members of the Army's Old Guard place flags at Arlington National Ceremtery
View Caption
U.S. flags are seen in the rucksack of a soldier with the Army's 3d U.S. Infantry Regiment, The Old Guard, as he places flags at gravesites in Arlington National Cemetery as part of the Flags-In Memorial Day ceremony on May 24, 2012 in Arlington, Virginia. American flags were placed at each of the more than 220,000 grave markers in honor of those who served and Memorial Day. UPI/Kevin Dietshc
fark
Delta Airlines begins testing flights with even crappier service
Only in Miami: Police shoot, kill naked man who was EATING A MAN'S FACE
You can get just about anything you want at Afghan markets, including lots of stolen American military...
Chicago Fark Party - 9 June - New bat time, new bat channel
Apparently one of the 11 secret herbs and spices KFC uses is wood harvested from Indonesia's endangered...
New York Times jumps on goofy trend piece bandwagon, explores hot trend of 16-year-old "young cougars"...