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Sotheby’s London’s $116 milion. Contemporary Art Sale

February 14, 2013

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Francis Bacon

Francis Bacon, “Three Studies For A Self-Portrait,” 1980, oil on canvas. Estimate: $16,046,000-$24,069,000 Price Realized: $22,081,301

The contemporary art market chugged ahead Tuesday at a $116.4 million Sotheby’s sale in London, led by a $21.5 million Francis Bacon triple portrait purchased by a longtime German collector.

The buyer of Bacon’s 1980 “Three Studies for a Self-Portrait” was Juergen Hall, a tobacco tycoon who lives near Cologne. Mr. Hall beat out a pair of telephone bidders for the three up-close views of Bacon’s face, which Sotheby’s had estimated would sell for between $16 million and $24 million.

Read full article: WSJ-Sotheby’s Sells Bacon for $21.5 Million

Sotheby’s results online

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Filed Under: Art News World, Auction

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