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Bacon’s $142m Freud triptych smashes auction record

A 1969 triptych by the Anglo-Irish artist Francis Bacon sold for $142.4m on Tuesday night, smashing the record for an artwork sold at auction – the $120m paid last year for Edvard Munch’s “The Scream”.

Bidding for Lot 8A – “Three Studies of Lucian Freud” – began at $80m, and still had seven prospective collectors vying for a sale when offers reached $100m, to the awe of the crowd that had assembled at Christie’s in New York.

William Acquavella, the New York dealer, eventually bought the three oil-on-canvas panels on the behalf of an unidentified foreign customer.

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