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Works by Francis Bacon have been big sellers at auction recently, and Christie’s sale of postwar and contemporary art here on Monday was no different. Four tenacious bidders vied for his “Three Studies for Self-Portrait” from 1975 in what became the evening’s longest bidding war, with two would-be buyers on the phone still running up the price, even as it passed $30 million. The final tally was $34.4 million.
It wasn’t the only big seller among the 58 lots offered on Monday — sales totaled $171.8 million — in an auction that drew collectors and dealers from around the world to the start of the second week of sales here. Jeff Koons’s monumental sculpture “Balloon Flower (Magenta)” drew a hammer price of about $23 million, which was about equal to its estimate, but with the buyer’s premium reached $25.7 million, including Christie’s fees. The final number, while a record for this artist at auction, had been expected to go even higher.
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It wasn’t the only big seller among the 58 lots offered on Monday — sales totaled $171.8 million — in an auction that drew collectors and dealers from around the world to the start of the second week of sales here. Jeff Koons’s monumental sculpture “Balloon Flower (Magenta)” drew a hammer price of about $23 million, which was about equal to its estimate, but with the buyer’s premium reached $25.7 million, including Christie’s fees. The final number, while a record for this artist at auction, had been expected to go even higher.
Discuss Add this link to... Bury
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