A trophy painting by Francis Bacon failed to draw any bids at Christie’s in London after being offered at auction for £60 million ($78 million). The unexpected outcome for the star lot of Christie’s evening sale of postwar and contemporary art on Friday drew a collective gasp in the sale room. The auctioneer began soliciting bids at £50 million and continued up to £58 million. None came. Titled Study of Red Pope 1962. 2nd Version 1971, the 6.5-foot-tall canvas depicts Bacon’s two most famous subjects: his lover George Dyer and Pope ...
Francis Bacon's $78-million painting fails to sell
A Christie's spokesperson said Friday that piece attracted global attention and the auction house expects strong after-sale interest in it
Katya Kazakina | Bloomberg Last Updated at October 8, 2017 01:15 IST