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Francis Bacon portrait of Lucian Freud could set record at Christie's auction
Reported by: Associated Press
Reported: Monday, October 14, 2013 11:15 AM EDT
A painting that brings together two of Britain's greatest artists could become one of the most expensive modern artworks ever sold when it is auctioned in New York next month.
Christie's contemporary art specialist Francis Outred said Monday that "the market has moved on" since Bacon's "Triptych" sold in 2008 for $86 million. He said the Freud portrait, "can comfortably beat this record and possibly even get closer to $100 million."
Bacon's three-panel portrait of his friend Freud was painted in 1969 and has never been sold at auction.
It will go under the hammer in New York on Nov. 12.