Warhol sales to test global art market

ISTANBUL - Radikal

Triptych by British post-war painter Francis Bacon and works by pop master Andy Warhol will provide a health test for the global art market when they go on sale in New York next month.

Auction house Christie’s suspects Bacon’s “Three Studies of Lucian Freud” (1969) could break the artist’s record price of $86 million when it goes on the block on November 12. Sotheby’s is offering Warhol’s “Silver Car Crash (Double Disaster)”, 1963, the following day with an estimate of up to $80 million.

The two will provide a barometer for a market which has defied the malaise that dogged some of the world’s biggest economies since a 2008 financial market crash.