Latest London news, sport & entertainment

Local Weather

Partly Cloudy

Partly Cloudy

max temp: 16°C

min temp: 10°C

Five-day forecast

Bidding war drives up Francis Bacon work value at £75m Sotherby’s auction

Thursday, June 27, 2013
9:01 AM

A central London auction house last night saw works by British contemporary artists including Francis Bacon and David Hockney sell for millions of pounds.

To send a link to this page to a friend, you must be logged in.

A 1966 triptych portrait of Bacon’s friend, muse and lover Isabel Rawsthorne went for £11,282,500 while the first work the artist ever sold, his historic Head III, was battled for by six collectors, driving the price to £10,442,500.

It had been estimated to sell at somewhere between £5million and £7million at the Sotheby’s auction yesterday evening.

The triptych was purchased by an anonymous buyer and Head III went to an American private collection.

Fifty-four years ago, just across the road from Sotheby’s at the Hanover Gallery in St George Street, the same work fetched £150 at Bacon’s first commercial show.

Alex Branczik, head of Sotheby’s London Contemporary Art Department said last night: “Tonight’s sale was all about the quest for quality - quality across categories - from the modern masters to the new generation of artists.

“We offered some great historic works of art and achieved some great prices for them, as buyers went down the connoisseurial route - buying with intelligence and passion.

David Hockney’s colourful tribute to his home country, Double East Yorkshire, had an estimated value of £3million, but sold for £3.4million to a private collector in Asia. Altogether, works sold at the auction last night totted up £75million.

Share this article

submit to reddit submit to Fark

Latest London news

0 comments

LDN24 Promotions

Lord's Cricket Ground

Everyone’s invited to Lord’s this summer

Lord’s will host the first ever domestic T20 group stage double-header when Sussex and Essex take on Middlesex at the Home of Cricket on Saturday, May 17.

Read full story »

Always wanted to create your own beer? Perfect Pint are giving you the chance.

WIN beer with Beer BingoTM

When no simple way to find Real Ale was at hand, 4 Ale enthusiasts got together to allow anyone with a smart phone to find Real Ale no matter where they happened to be, this was the birth of the Perfect Pint app.

Read full story »

The Week subscription offer

The Week magazine special offer

London24 have partnered up with The Week magazine to offer you a complimentary issue – delivered free to your door.

Read full story »

Around the Web