The Long Hangover of the Roaring Eighties
By TOM DEIGNAN
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This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
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It will take some time for the impact of last week’s Contemporary art sales to fully sink in. The three auction houses cleared $974,452,350 worth of art and, in the evening sales alone, there were record prices for 31 artists. Sotheby’s achieved the highest price for a work of Contemporary art when they sold a Francis Bacon triptych for more than $86 million; Christie’s established the record price for a living artist — $33 million — with Lucian Freud’s portrait of a civil servant.
By TOM DEIGNAN
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By SHARON KEHNEMUI
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By MATTHEW RICE
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By CARL ROLLYSON
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By SHARON KEHNEMUI
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By JEFFREY WELLS
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By SHARON KEHNEMUI
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By JOSEPH CURL
|It will take some time for the impact of last week’s Contemporary art sales to fully sink in. The three auction houses cleared $974,452,350 worth of art and, in the evening sales alone, there were record prices for 31 artists. Sotheby’s achieved the highest price for a work of Contemporary art when they sold a Francis Bacon triptych for more than $86 million; Christie’s established the record price for a living artist — $33 million — with Lucian Freud’s portrait of a civil servant.
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