Friday, June 20, 2008

SOLD for $86.3 Million!


New York City - A 1976 triptych by Francis Bacon brought $86.3 million at Sotheby’s, becoming the most expensive work of contemporary art ever sold at auction and a retort to doomsayers who had predicted that the art market would falter seriously this season because of broad economic anxieties. “Recession? What recession?” Barbara Gladstone, a Chelsea dealer, said jokingly.

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