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MELBOURNE, Australia: Rare works about Francis Bacon defy art auction gloom

Posted on November 26, 2008 at 6:19 PM.

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Two paintings of Francis Bacon, by an Australian artist believed to have been his lover, were sold for well over their pre-auction price on Monday, offering good news in a market stunned by the financial crisis. The works by Roy de Maistre -- "Francis Bacon's Studio" and "Portrait of Francis Bacon" -- were sold for A$180,000 ($112,600) and A$96,000 ($60,000) respectively at Sotheby's sale of modern Australian art.

Rare works about Francis Bacon defy art auction gloom (Reuters)

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