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Friday, 11 October 2013 18:36

Francis Bacon Painting Could Sell for Nearly $100 Million

Francis Bacon's 'Three Studies of Lucian Freud.' Francis Bacon's 'Three Studies of Lucian Freud.' Christie's Images Ltd. 2013

A triptych of Lucian Freud by Francis Bacon could sell for over $95 million at Christie’s Post-War and Contemporary Art Sale on November 12, 2013. Three Studies of Lucian Freud from 1969 carries an estimate of $85 million at hammer price but fees would be added to that amount.

The painting of Bacon’s painter friend is being offered by an unidentified European seller and has never appeared on the auction market before. The work was included in the seminal Bacon retrospective organized by Paris’ Grand Palais in 1971-72.

Three Studies of Lucian Freud will be on view at Christie’s King Street during Frieze Art Week from October 13-18, 2013 before heading to the auction in New York in November. Francis Outred, head of Post-War and Contemporary Art, Christie’s Europe, said, “We are honored to announce the sale of an undeniable icon of twentieth century art. A conversation between two masters of 20th century figurative painting, Francis Bacon’s triptych, Three Studies of Lucian Freud, executed in 1969 is a true masterpiece that marks Bacon and Freud’s relationship, paying tribute to the creative and emotional kinship between the two artists.”

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