As recently reported in this article, earlier this week at Christie’s Postwar and Contemporary Art sale in New York, a 1969 painting by Francis Bacon entitled “Three Studies of Lucian Freud” fetched $142.4 million. This week’s sale of the Bacon painting sets a new world record for most expensive artwork ever sold at auction. Edvard Munch’s “The Scream” set a prior world record when it was sold for nearly $120 million at Sotheby’s in 2012.
