14
KEY
TAKE
AWAYS
• Bacon’s top ten paintings alone account for sales auction total of nearly $1B, once
adjusted for inflation.
• 91.4% of Bacon’s sales revenue is achieved by works having surpassed $10M.
• Three of his artworks have each surpassed $100M once adjusted for inflation.
Artwork Sales date Auction price
*
Inflation-
adjusted price
(USD)
**
Three Studies of Lucian Freud, 1969
12/11/2013$142 404 992$181 678 515
Triptych, 1976
14/05/2008$86 281 000$120 226 049
Three Studies for Portrait of John Edwards, 1984
13/05/2014$80 805 000$101 869 767
Triptych Inspired by the Oresteia of Aeschylus, 1981
29/06/2020$84 550 000$98 480 017
Portrait of George Dyer Talking, 1966
13/02/2014$70 207 152$88 953 089
Study from Innocent X, 1962
15/05/2007$52 680 000$76 271 175
Triptych 1974-1977, 1974-1977
06/02/2008 £26 340 500$72 724 184
Second Version of Study for Bullfight No. 1, 1969
14/11/2007$45 961 000$65 497 995
Three Studies for Portrait of George Dyer, 1963
17/05/2017$51 767 500$63 198 015
Self-Portrait, 1978
21/06/2007 £21 580 000$62 019 859
Market share by price segment
Top 10 paintings by inflation-adjusted price
01M
10
30
50
400M
12B
2B
110M1050M50100M100M
Price
Volume
O F B ACO N’S AU C T I O N M A R K E T
Price
Analysis
20
40
60
800M
16B
24B
