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Portrait of Francis Bacon's lover fetches $50 million

IANS  |  New York 

auction house has sold "Study for Portrait" by Irish Francis Bacon, one of his many portraits depicting his lover and muse George Dyer, for $49.8 million in

The contemporary art auction, which included works by Andy Warhol, Jeff Koons, and Clyfford Still, sold about 60 lots worth $397 million, marking the end of an intense week of evening auction organised by and that sold art worth $1.416 billion, news reported.

Painted in 1977, "Study for Portrait" is one of the many paintings that dedicated to his muse, Dyer, a handsome young burglar and Bacon's lover who became a dominating figure in his art works.

The bid closed with a hammer price that exceeded the initial value estimated at $30 million by $14 million, plus commission, replacing "Three studies for a portrait of George Dyer" (1963), which was sold for $38.6 million in November, as the new highest valued of

Another star of the night was Warhol's "Most Wanted Men No. 11, John " and "Double Elvis Ferus Type", which fetched $28.4 million and $37 million respectively, despite initial values estimated at $30 million each.

"Most Wanted Men No. 11, John ," depicting a 22-year-old thief, is a part of Warhol's "Most Wanted Men" series which portrayed some of the most wanted criminals on the occasion of the World Fair in in 1964.

"Double Elvis Ferus Type", starring Elvis as the protagonist of the work, was auctioned in 2012 for the exact same amount as on Thursday.

Another highlight was "Play-Doh" by Jeff Koons, a three-metre high sculpture representing a mound of playdough, which sold for $22.8 million.

--IANS

mag/soni/mr

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 18 2018. 14:58 IST
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