$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.



UN Puts 4th Century Gaza Monastery on Endangered Site List

The Saint Hilarion complex dates back to the fourth century. Mahmud HAMS / AFP/File
The Saint Hilarion complex dates back to the fourth century. Mahmud HAMS / AFP/File
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UN Puts 4th Century Gaza Monastery on Endangered Site List

The Saint Hilarion complex dates back to the fourth century. Mahmud HAMS / AFP/File
The Saint Hilarion complex dates back to the fourth century. Mahmud HAMS / AFP/File

The Saint Hilarion complex, one of the oldest monasteries in the Middle East, has been put on the UNESCO list of World Heritage sites in danger due to the war in Gaza, the body said Friday.
UNESCO said the site, which dates back to the fourth century, had been put on the endangered list at the demand of Palestinian authorities and cited the "imminent threats" it faced.
"It's the only recourse to protect the site from destruction in the current context," Lazare Eloundou Assomo, director of the UNESCO World Heritage Centre, told AFP, referring to the war sparked by Hamas's October 7 attack on Israel.
In December, the UNESCO Committee for the Protection of Cultural Property in the Event of Armed Conflict decided to grant "provisional enhanced protection" -- the highest level of immunity established by the 1954 Hague Convention -- to the site.
UNESCO had then said it was "already concerned about the state of conservation of sites, before October 7, due to the lack of adequate policies to protect heritage and culture" in Gaza.
The Hamas attack on October 7 resulted in the deaths of 1,197 people in Israel, most of them civilians, according to an AFP tally based on official Israeli figures.
Israel's retaliatory offensive against Hamas has killed at least 39,175 Palestinians in Gaza, according to the Hamas-run territory's health ministry, which does not give details of civilian and militant deaths.