An untitled large-scale triptych by Francis Bacon, made between 1986 and 1987, was awarded to a single bidder for a final price of $47.6 million. The play fell just short of its low estimate of $47 million. First exhibited in Moscow in 1988, the billboard-sized work references three different figures: Woodrow Wilson after the signing of the Treaty of Versailles in 1919; Bacon’s then partner, John Edwards; and Leon Trotsky, assassinated in 1940.
Another of the most expensive works sold in London was “The Girl with Closed Eyes” (1986-87), by Lucian Freud, a portrait of the painter’s muse, Janey Longman, which a British collector had kept since 1987. canvas, in which she appears partially nude and appears to be sleeping, fetched $20.2 million).
Pablo Piccaso sold 5 works belonging to the Berggruen family- Of the group, Picasso’s etching of two figures eating “Le Repas frugal” (1904) sold for $8 million, four times its estimate of $2 million of dollars.
Demand from Asia pushed up prices for the most in-demand contemporary artists. A still life of pink tulips by Nicolas Party from 2017 went for $2.4 million (after little interest had been shown in Europe). A tiny 2015 canvas by Romanian contemporary Victor Man, featuring a portrait of a dazed woman and titled “D with Raven,” also sold in Shanghai for $285,000. Finally, also in that city, the painting “El Duce” by Jean-Michel Basquiat (1982), which represents the skeleton of an orangutan, came out at 15 million dollars, his base estimate.
Source: Ambito
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