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Christie’s Fall Art Auction Sale of Francis Bacon Painting Sets World Record

Posted in Art Valuation

As recently reported in this article, earlier this week at Christie’s Postwar and Contemporary Art sale in New York, a 1969 painting by Francis Bacon entitled “Three Studies of Lucian Freud” fetched $142.4 million.  This week’s sale of the Bacon painting sets a new world record for most expensive artwork ever sold at auction.  Edvard Munch’s “The Scream” set a prior world record when it was sold for nearly $120 million at Sotheby’s in 2012.