The actual palette of Francis Bacon or Rembrandt is not enormous.
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Art prices extended a seven-year surge for much of 2008, with a Claude Monet painting of water lilies, Lucian Freud's portrait of a civil servant called Sue and a Francis Bacon triptych setting records. A 111.5 million pound ($162 million at current rates) sale of Damien Hirst works in September featured pickled unicorns, flying pigs and a golden calf with 18-carat hooves and horns.
This week, the auction houses Christie's and Sotheby's will attempt to sell works by Jean-Michel Basquiat, Francis Bacon and Andy Warhol, along with Roy Lichtenstein and Mark Rothko.
For the first time A vision of me by my friend Francis Bacon with Gareth at Luggala 30-6-767 I love y 2 good heavens Henrietta Moraes.
For these reasons, we are very pleased to be able to present a retrospective spanning his entire career to our viewing public.
Bacon is more compelling than ever: Despite the passage of time, his paintings remain fresh, urgent, and mysterious. Never before has this work been more relevant to young artists
But when bidding reached $27.4 million (£179.3 million) the auction house dramatically halted the proceedings
These paintings are of a very powerful man in purgatory, in like a free-fall into Hell ... The popes look terrified. I think, oh my God, that must be what it's like to be a hedge fund manager right now.
underpinnings of a really strong market that we believe is going to continue as long as we keep the estimates appealing to the consignors and choose the right property.