The First Art Newspaper on the Net   Established in 1996 United States Saturday, September 23, 2017


Francis Bacon portrait of George Dyer sells for $70 million at Christie's sale in London
In a file picture taken on February 7, 2014 a Christie's employee looks at a work entitled 'Portrait of George Dyer Talking' by British artist Francis Bacon at Christie's in central London. The work sold for 42,194,500 GBP / 70,042,870 USD / 51,308,512 euro at Christie's Post-War and Contemporary Art Evening Auction on February 13, 2014. AFP PHOTO/ANDREW COWIE.


LONDON.- On 13 February, Christie’s London evening auction of Post-War & Contemporary Art realised a total of £124,192,000/ $206,158,720/ €151,017,472 selling 83% by lot and 95% by value and achieving the 2nd highest ever total for a European Auction of Post-War & Contemporary Art*. The top price of the evening was paid for Francis Bacon’s Portrait of George Dyer Talking, which sold for £42,194,500/ $70,042,870/ €51,308,512, a record price at auction for a single panel by the artist (illustrated above). This result follows the record-breaking sale of Francis Bacon’s triptych of Lucian Freud which sold for $142 million at Christie’s New York in November 2013. 5 further record prices were set during tonight’s auction including for several generations of British artists such as yBas from the Sensation show Jenny Saville, Gary Hume and 1960’s works by Bridget Riley and Gerald Laing.

Combined with Tuesday evening’s auction of Eyes Wide Open; an Italian Collection, which realised £38,427,400/ $63,020,936/ €46,074,453 and set 14 artist records, this week’s auctions of Post-War and Contemporary Art at Christie’s have realised £162,619,400/ $269,179,656 / €197,091,925 - a record total for a week of Post-War & Contemporary auctions in Europe (The Post-War and Contemporary Art Day Auction takes place tomorrow, 14 February, at 1pm; 90s’ to Now, the online-only auction, is open until 20 February).

Francis Outred, International Director and Head of Post-War & Contemporary Art, Christie’s Europe: ““The astonishing energy and depth of bidding at this evening’s auction follows on from the record auction of Post-War and Contemporary Art in New York last November, and it is fitting that this sale, like that one, was led by a Francis Bacon masterpiece. The strong results were underpinned by the quality of the works and driven by global demand, with both new and established bidders from Europe, America and Asia competing at the sale. This evening we presented an exceptional group of works representing pinnacle moments from every decade of the last 60 years, and as a result we saw significant achievements for many areas of the market for Post-War art, with 6 artists breaking records and rising to new market levels. From the 1960s we saw record prices for Gerald Laing, whose work was included at the When Britain Went Pop exhibition at Christie’s Mayfair last year; Bridget Riley and Domenico Gnoli, whose success follows Tuesday evening’s groundbreaking auction for Post-War Italian Art which set 14 artist records. More recently, the YBA group of artists shown in the RA’s Sensation exhibition was re-established in the international market, with record prices for Gary Hume and Jenny Saville showing that their work continues to resonate. We are also thrilled to have been able to work with Damien Hirst in selling Mickey for such a high price and, most importantly, for such a great cause as Kids Company”.

Camila Batmanghelidjh, Kids Company Founder and Chief Executive: “Some childlike magic happened tonight at Christie’s. Over £900,000 was generated through the sale of Damien Hirst's painting and, in reality, Mickey came to the rescue of some of the most vulnerable children. This money will change lives; from the bottom of my heart thank you, Damien and thank you Christie’s.”

Damien Hirst: "Brilliant and amazing! Sad to see Mickey go but that is a great result, I'm so pleased to be able to help Kids Company".

TOP LOT:
Francis Bacon’s Portrait of George Dyer Talking, sold for £42,194,500/ $70,042,870/ €51,308,512 (estimate upon request) setting a record price for a single canvas by Francis Bacon at auction and the most expensive work of post-war & contemporary art sold at auction in Europe. Executed in 1966, this is the most significant large-scale portrait of George Dyer to be offered in over a decade. Widely celebrated since it was first shown in Paris in the year of its creation, this painting was also exhibited at the artist’s legendary first museum retrospective at the Grand Palais in Paris in 1971. It was last seen at auction at Christie’s New York in 2000 when it sold for $6.6 million – a record price for the artist at the time.

FURTHER HIGHLIGHTS OF THE SALE:
Gerhard Richter’s Abstraktes Bild (1989) sold for £19,570,500/ $32,487,030/ € 23,797,728 (estimate on request). Arguably the greatest Richter abstract ever to come to auction, this work hails from the finest period in Richter’s abstraction and is a key example of this abstract style that would become synonymous with the artist and that he would return to time and again throughout his career. These works dating from 1988 through 1992 are the product of a long investigation into the possibilities of painting spanning more than five decades and are the purest articulation of the artist’s improvised technique.

Jeff Koons’s Cracked Egg (Magenta) (1994-2007) sold for £14,082,500/ $23,376,950/ € 17,124,320 (estimate: £10 million to £15 million). A central sculpture from Jeff Koons’ highly acclaimed Celebration series, this is the most significant work by the artist to be offered in London since 2008, where it realised 12.9 million. The most recent record was set at Christie’s New York in 2013 which saw Balloon Dog (Orange) selling for $58.4 million, setting a new world auction record for a living artist. One of five unique two-part Cracked Egg sculptures made from precision engineered, mirror-polished stainless steel and finished with an exterior translucent coating of magenta (the others are red, violet, blue and yellow), Cracked Egg represents a feat of technical virtuosity resulting in the impossibly thin, delicate appearance of the shell.

Damien Hirst’s Mickey sold for £902,500/ $1,498,150/ € 1,097,440 (estimate: £300,000-500,000). Hirst was invited by Disney to create a work of art that combines the fun and energy of Mickey Mouse with Hirst’s own trademark style. The result is the ultimate spot painting, taking inspiration from Mickey’s round shapes. Hirst is donating all proceeds of the sale to Kids Company, the charity founded in 1996 by Camila Batmanghelidjh which provides practical, emotional and educational support to vulnerable inner-city children and young people in London and Bristol.

Domenico Gnoli’s Black Hair (1969) sold for £7,026,500 / $11,663,990 / €8,544,224 (estimate: £1.2 million – 1.8 million). Only months before his tragically early death at the age of 37, Domenico Gnoli’s Black Hair was created at the pinnacle of his career (estimate: £1.2 million to £1.8 million, illustrated right) and was formerly in the collection of the celebrated art collector and patron Harry Torczyner. In 1969, Gnoli created twenty-one paintings and many of these, including Black Hair, rank among his greatest and most-recognised works, with a number of them now in international museum collections.

Bridget Riley’s Chant 2 sold for £2,882,500/ $4,784,950/ €3,505,120 (estimate: £2.5 million-3.5 million) setting a record price for the artist at auction. Debuted at the 34th Venice Biennale of 1968, Chant 2 is one of only three paintings which announced Bridget Riley’s celebrated foray into colour, for which she was awarded the prestigious International Painting prize, making her the first woman and first Briton to win this important accolade. Situated alongside to other ground-breaking colour work Late Morning, now housed in the permanent collection of Tate, London, and Cataract 3, in the British Council Collection, Chant 2 is among the first works that mark the artist’s departure from the binary confines of monochromatic black and white.

Jenny Saville’s Plan (1993) sold for £2,098,500/ $3,483,510/ €2,551,776 (estimate: £800,000 – 1,200,000) setting a record price for the artist at auction. Jenny Saville’s monumental self-portrait masterpiece Plan, maps the topography of the artist’s own corpulent flesh blueprinted by the plastic surgeon’s pen. Included in the seminal Sensation exhibition at the Royal Academy, London in 1997, Plan became part of a defining moment in the history of the young British artists (yBa).


*The highest total for an auction of Post-War and Contemporary Art in Europe was established in June 2012 at Christie’s London (£132.8 million / $207.3 million).






Today's News

February 14, 2014

Francis Bacon portrait of George Dyer sells for $70 million at Christie's sale in London

Exhibition at Moderna Museet in Stockholm gives an overview of Gabriel Orozco's career

Mexican archaeologists find 1,500 year-old human and animal burials in Colima

The Morgan marks Photography Department's debut with an innovative exhibition

"Richard Hamilton: Word and Image, Prints 1963-2007" opens at The Alan Cristea Gallery

New York Paintings: Exhibition of recent work by Bill Jacklin opens at Marlborough Gallery

A Family of the First Empire: Sotheby's Paris to offer The Collection of Marshal Berthier

Solo exhibition by Brooklyn-based British artist Simon Evans opens at James Cohan Gallery

"Personal Choice: Collectors' selections from their own Collections" opens at Garage Centerin Moscow

Sotheby's S/2 London presents Just Now: A selling exhibition curated by Bert Kreuk

Previously unpublished letters and drawings by a young Lucian Freud soar at Sotheby's

Lofty.com, the online marketplace for valuable fine art, receives $3 million from Founders Fund Angel

Tribal and Oceanic works from a New York City private collection featured at Grogan

Encyclopedia Galactica: A retrospective of the first five years of GV Art at Chiltern Street

Photographs and photobooks from the library of Bill Diodato to be offered at Swann Galleries

Bonhams New York presents Chinese art from the Scholar's Studio

Results from Dreweatts & Bloomsbury Auctions' February Sale of Watercolours, Drawings and Prints

Exhibition of work by 12 artists from Portugal opens at Serralves Museum of Contemporary Art

Hasted Kraeutler announces representation and inaugural exhibition of Rómulo Celdrán

The Rose Art Museum at Brandeis University opens five new exhibitions

Jewish group urges publication of latest 'Nazi art trove'

Ed Atkins' first institutional solo show in Switzerland opens at Kunsthalle Zurich

Most Popular Last Seven Days



1.- Carbon dating finds manuscript contains oldest recorded origins of the symbol 'zero'

2.- Alice Walton announces formation of Art Bridges

3.- Met Museum acquires ancient Egyptian gilded coffin

4.- French fashion tycoon and art collector Pierre Berge dies aged 86 in southern France

5.- Van der Weyden, Rubens and Van Dyck: Flemish masters on view in The Hague

6.- New exhibition at the Morgan Library & Museum explores rare luxury books of the Middle Ages

7.- Mexican archaeologists find dwelling for Aztec survivors of Spanish conquest

8.- Groundbreaking LGBTQ art show opens at the Museum of Contemporary Art in Taipei

9.- Egyptian archaeological dig unearths goldsmith's tomb, mummies

10.- Exhibition at Stadel Museum focuses on works by Henri Matisse and Pierre Bonnard



Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 

Founder:
Ignacio Villarreal
Editor & Publisher:Jose Villarreal - Consultant: Ignacio Villarreal Jr.
Art Director: Juan José Sepúlveda Ramírez


Royalville Communications, Inc
produces:

ignaciovillarreal.org avemariasound.org juncodelavega.com facundocabral-elfinal.org
Founder's Site. The most varied versions
of this beautiful prayer.
Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful