Portrait Of Francis Bacon Sells For $5.4 MILLION... But They Wanted $7 MILLION!!!!!!!

by **J The Kidd** Sun Oct 19, 2008 10:02 pm

The unfinished work, one of only two oil paintings that Freud ever
undertook of Bacon, had been predicted to fetch up to $7 million when
it went under the hammer at Christie's in London.

It is the second disappointing price for a major contemporary work
in the capital's auction rooms in recent days, as the financial crisis
takes its toll on what had been a booming market.

Skulls, a composite work by Andy Warhol, sold for $4.3 million - $2.7 million less than expected - at Sotheby's on Friday night.

Freud's painting of an overweight JobCentre worker asleep on a sofa
sold for £19.1 million in New York in May, a record for a living
artist, but there is now concern that prices have passed their peak.

Freud and Bacon, both British painters, were friends for many years
until the latter's death in 1992. The portrait, which was completed in
1967 and had been owned by a private collector since 1972, was sold for
$5,417, 250.

The auction was timed to coincide with this weekend's Frieze Art Fair in Regent's Park.

by yaboyja23 Sun Oct 19, 2008 10:06 pm

they stupid they should have sold it for 7 mill if they wanted that much for it but 5.4 mill is not bad...

by **J The Kidd** Sun Oct 19, 2008 10:07 pm

yeah but that shit wasn't even finished work... lmao

by yaboyja23 Sun Oct 19, 2008 10:12 pm

yeah but still lmaoo...
if they wanted 7 i wouldnt tell them no u can get it for 5.4 becuz
its not finished..
but i wouldn't wanna been done like that so its gud
lol...

by **J The Kidd** Sun Oct 19, 2008 10:13 pm

yaboyja23 wrote:yeah but still lmaoo...
if they wanted 7 i wouldnt tell them no u can get it for 5.4 becuz
its not finished..
but i wouldn't wanna been done like that so its gud
lol...

well obviously the sellers can't hustle for shit...... who wants something for 7 million and then only gets 5.4? What a bunch of losers......

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Portrait Of Francis Bacon Sells For $5.4 MILLION... But They Wanted $7 MILLION!!!!!!!

Portrait Of Francis Bacon Sells For $5.4 MILLION... But They Wanted $7 MILLION!!!!!!!

Re: Portrait Of Francis Bacon Sells For $5.4 MILLION... But They Wanted $7 MILLION!!!!!!!

Re: Portrait Of Francis Bacon Sells For $5.4 MILLION... But They Wanted $7 MILLION!!!!!!!

Re: Portrait Of Francis Bacon Sells For $5.4 MILLION... But They Wanted $7 MILLION!!!!!!!

Re: Portrait Of Francis Bacon Sells For $5.4 MILLION... But They Wanted $7 MILLION!!!!!!!

Re: Portrait Of Francis Bacon Sells For $5.4 MILLION... But They Wanted $7 MILLION!!!!!!!