$27.7 Million Bacon Tops New York Art Auction Sales

A portrait by British painter Francis Bacon of his great love sold for $27.7 million at Sotheby's spring sales in New York. TIMOTHY A. CLARY / AFP
A portrait by British painter Francis Bacon of his great love sold for $27.7 million at Sotheby's spring sales in New York. TIMOTHY A. CLARY / AFP
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$27.7 Million Bacon Tops New York Art Auction Sales

A portrait by British painter Francis Bacon of his great love sold for $27.7 million at Sotheby's spring sales in New York. TIMOTHY A. CLARY / AFP
A portrait by British painter Francis Bacon of his great love sold for $27.7 million at Sotheby's spring sales in New York. TIMOTHY A. CLARY / AFP

A portrait by British painter Francis Bacon of his great love sold for $27.7 million at Sotheby's spring sales in New York on Monday, topping the first night of contemporary art auctions that grossed $234.6 million.
The work fell short of the $30 million to $50 million range the house had estimated for the portrait -- the first in a series of 10 the painter made of George Dyer between 1966 and 1968 -- which was making its debut at auction, AFP reported.
The highest price paid for a single-panel portrait by Bacon is $70.2 million, which came from the same Dyer cycle.
American painter Joan Mitchell, whose works have led a revaluation of paintings by women artists, was one of the stars of the evening.
Her work "Noon" exceeded $22.6 million, maintaining an upward trend that began last November, when two pieces by the "second generation" American abstract expressionism artist fetched over $20 million for the first time.
Her record sale stands at $29.1 million.
The night set other records such as the $19 million paid for a work by Andy Warhol and Jean-Michel Basquiat, the highest ever paid for a collaboration of this kind, and the nearly $23 million for a work by Lucio Fontana, the highest price ever paid for the Italian artist at auction.
A sculpture by Frank Stella also went for over $15 million.
Another rising star was recently deceased African-American artist Faith Ringgold, whose work was sold for more than $1.5 million, three times more than her last record.
Patrick Drahi's auction house will hold another evening of modern art sales on Wednesday, featuring works by Claude Monet, Pablo Picasso, Alexander Calder, Rene Magritte and British artist Leonora Carrington.
With sales of $14.9 billion last year, the art market dropped 14 percent compared with 2022, although online transactions saw a 285 percent jump.
Sotheby's hopes to collect between $549 and $784 million this week in New York, after the good results in Europe, in a market led by American investors and collectors, closely followed by buyers from Asia.



Culinary Arts Commission to Participate in 'Taste London' Exhibition in June

Culinary Arts Commission to Participate in 'Taste London' Exhibition in June
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Culinary Arts Commission to Participate in 'Taste London' Exhibition in June

Culinary Arts Commission to Participate in 'Taste London' Exhibition in June

The Saudi Culinary Arts Commission will participate in the 'Taste London' food festival and exhibition for the second consecutive time.
The event, scheduled from June 12 to 16 in London, will serve as a platform to showcase the rich and diverse culture of Saudi culinary arts globally and involve Saudi chefs in international forums.
The commission, a key partner in this international event, will present the unique flavours and traditions of Saudi Arabia under the slogan 'A Taste of Saudi Culture,' SPA reported.

Its national pavilion will be a hub of activity, featuring live cooking demonstrations of authentic Saudi dishes by talented Saudi chefs, a beverage maker's area showcasing the richness of Saudi drinks, and a product store promoting culinary arts books, packaged products such as dates, spices, and coffee cups, as well as handicrafts and souvenirs. A hospitality tent will serve renowned Saudi coffee and host engaging sessions for festival visitors.
The commission's participation in the Taste London exhibition for the second time is not only an opportunity for visitors of various nationalities to discover Saudi culinary arts and dishes but also a testament to Saudi culture's global reach and influence.
The goal is to provide an exceptional experience, allowing them to learn about Saudi culture through artisanal products, enhance the international status of Saudi food, and enable Saudi chefs to showcase their skills externally.
This participation also reflects the commission's unwavering commitment to promoting international cultural exchange as part of the goals of the National Strategy for Culture under the Kingdom's Vision 2030.