Newspaper article The Evening Standard (London, England)

Freud's Portrait of Bacon Only Makes Low Estimate of ?5.4M

Newspaper article The Evening Standard (London, England)

Freud's Portrait of Bacon Only Makes Low Estimate of ?5.4M

Article excerpt

Byline: ELIZABETH HOPKIRK

THE last surviving portrait of Francis Bacon by his friend and fellow artist Lucian Freud has failed to reach its upper estimate at auction.

It sold to an unnamed private buyer for ?5.4 million, at the very conservative end of its ?5-7 million guide price.

It was the centrepiece of a sale of post-war and contemporary art at Christie's in St James's which also featured works by Andy Warhol, Peter Doig, Anish Kapoor, Bill Viola and Ron Arad.

The sale made ?32 million, less than predicted, with the highest-selling lot being Lucio Fontana's 1963 work Concetto Spaziale, La Fine di Dio (Spatial concept, The end of God), which went for ?9 million.

Pilar Ordovas, head of post-war and contemporary art, Christie's London, said: "Although the sale results did not match our pre-sale expectations, it is important to note that this evening's auction realised the second highest total for an October auction of post-war and contemporary art at Christie's. …

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