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Francis Bacon Painting Predicted to Fetch $80 Million at Auction

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TWC News: Francis Bacon Painting Predicted to Fetch $80 Million at Auction
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A Francis Bacon triptych was expected to fetch at least $80 million during an auction at Christie's Tuesday afternoon.

The work, titled "Three Studies for a Portrait of John Edwards'' is of Bacon's longtime companion, and called by some the greatest painting of the artist's late period.

Bacon, who died in 1992, named Edwards his sole heir.

Also on the block was Andy Warhol's "Race Riot, 1964,'' a rare four-panel painting from his "Death and Disaster'' series. It was expected to bring in $45 million.

Jeff Koons' sculpture "Jim Beam J.B. Turner Train," a 9 1/2-foot-long stainless-steel sculpture filled with bourbon, was expected to sell for around $25 million.

All these items are part of the auction house's ongoing spring art auction season.

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