Art Investment

Portrait by Francis Bacon sold for 42.2 million pounds

Evening auction of postwar and contemporary art Christie's brought a total of 124 million pounds, of which 42.2 million pounds (70 million dollars) occurred in "Portrait of George Dyer saying" brush Bacon

proceeds on the results of the London evening auction Christie's « postwar and contemporary art " was 124.2 million pounds ( $ 206 million ) . Just gone under the hammer 83%exhibited works for sale (95 %in value terms ) . This result - the second largest European trading for its category .

In sum, the results of past trades on February 11 , entitled " With eyes wide open : Italian Art ", which collected 38.4 million pounds ( $ 63 million ) and set 14 new records , two auction brought in a total of 162 million pounds (269 million dollars ).


FRANCIS BACON
speaker Portrait of George Dyer . 1966
Christie's. 13.02.2014 . Lot 10
Estimate on request
Result: 42.4 million pounds
Source : christies.com

top lot of the evening was " Portrait of George speaking Dyer "brush Francis Bacon, who went under the hammer for 42.4 million pounds ( 70 million dollars), he became the most expensive sold separately canvas by Francis Bacon and the most expensive work of art ever sold within the European trade in the category " Post-War and contemporary art . " Recall that in November 2013 at New York Christie's auction Bacon triptych depicting Lucien Freud was sold for a record $ 142 million dollars .

« Portrait of George Dyer saying ," written by Bacon at the peak of creative activity in 1966, since its inception, and the first exhibition in Paris enjoyed the increased attention of the public and has been regularly exhibited - in particular , in 1971 Bacon retrospective at the Paris Grand Palais. The last time the portrait was exhibited at New York Christie's auction in 2000 and was sold for a record for that time, $ 6.6 million .

GERHARD
Gerhard Richter
Abstract painting . 1989
Sotheby's. 13.02.2014 . Lot 17
Estimate on request
Result: 19.5 million pounds
Source : christies.com

« Abstract Painting " by Gerhard Richter , written in in 1989 , was sold for 19.5 million pounds ( $ 32.4 million ) . This is a striking example of the artist's work of 1988-1992 , a period when abstract technology Richter reputedly reached their peaks .

DZhEFF
Jeff Koons
Cracked egg ( lilac )
Christie's. 13.02.2014 . Lot 23
Estimate: 10-15 million pounds
Result: 14 million pounds
Source : christies.com

Sculpture by Jeff Koons ' Cracked egg ( lilac ) "- one of the central works in a series of " Celebration " (1994-2007) - has found its new owner for 14 million pounds ( 23.37 million dollars). Works from this series show good results at auction . In particular, in 2008 in London lilac " flower from a balloon " was sold for a record at the time of 12.9 million pounds, and in November 2013 in New York at Christie's orange " dog from a balloon " went under the hammer for 58.4 million dollars - a record price for a work of living artists .

after Damien Hirst " Mickey " was sold for 902.5 thousand pounds ( $ 1.5 million ) for appraised value at 300-500 thousand pounds. Proceeds from the sale will be sent in 1996 based charitable organization that helps children in London and Bristol .

For the record 7 million pounds was sold dated 1969 year work Domenico Noli " black hair " ( a score of 1 ,2 -1 , 8 million lbs.) Another record was the work of Bridget Riley " Chant 2", has found a new owner for 2.9 million pounds ( 4.78 million dollars). Most expensive piece of Jenny Saville is now a work in 1993 called "The Plan" , sold for 2 million pounds ( 3.48 million dollars) in the evaluation of 0.8-1.2 million pounds .

Installed new record prices for works by Gary Hume ( 410,000 pounds ) , Gerald Laing ( 902.5 thousand pounds ) and Neo Rauch ( 1 million pounds ).

Top -10 auction items Christie's
« postwar and contemporary art »
February 13, 2014 , London

Lot

Description

Estimate , million pounds

result , millions of pounds

Buyer

10

FRANCIS BACON Portrait speaking of George Dyer . 1966
world record individual works by the artist

upon request

42,19

anonymous buyer

17

GERHARD RICHTER abstract painting . 1989

upon request

19 57

anonymous buyer

23

Jeff Koons Cracked egg ( lilac ) . 1994-2006

10-15

14

anonymous buyer

19

DOMENICO NOLI black hair . 1969
world record for the artist

1,2-1,8

7

anonymous buyer

15

Pierre Soulages Painting 195 x 155 cm, 7 February 1957 . 1957

2-3

3,66

anonymous buyer

16

Nicolas de Stael Selinunte. 1953

1-1,5

2,88

anonymous buyer

13

Bridget Riley . Chorale 2 . 1967
world record for the artist

2,5-3,5

2,88

anonymous buyer

12

Cy Twombly Untitled ( Rome) . 1960

1,2-1,6

2,65

anonymous buyer

24

FRANCIS BACON sketch for a portrait . 1978

2,3-3

2,65

anonymous buyer

9

PETER Doig Tour de Charvet . 1995

0,9-1,2

2,37

anonymous buyer

Source : press Release Christie's


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