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Francis Bacon: Art Market Report – June 2016

No. Pages10
Report TypeArtist Report
MembershipAnalyst

Launch of Catalogue Raisonné and museum shows could instill new energy into the Bacon market: Francis Bacon is one of the top selling Post-War artists in the world with a total painting sales volume of $1.63 billion for since 2000. The Bacon market has achieved some of the highest prices at auction in the last 16 years.  However the supply of works is limited and the top end of the market is driven by rare, large-scale triptychs. With only 5 of these works having appeared at auction since 2000 other segments are likely to grow in importance and value. 

In 2014 we saw sales totaling $269 million, the highest total for a single year to date.  This is compared to $204 million in 2015 which represents a 24% drop in sales value. The highest average price for any single year was achieved in 2013 at $27.62 million.

This Market Report is the first Bacon research published by ArtTactic and is to be followed by regular updates.

ArtTactic also offer bespoke reports on the Francis Bacon market. For further information please contact us on info@arttactic.com.

 

The report contains the following elements: 
Bacon Market Background
Exhibition Analysis 2000-2016
Total Sales, Average Prices and Hammer-Ratio analysis 2000-2016
Analysis by segments including; Breakdown by Size Segments, Main Artistic Themes, Periods by Year of Creation, Geographical Location and Auction Houses 2000-2016
Price Segmentation and Top 50 Price Analyses 2000-2016
ArtTactic ArtForecaster Analysis on most recent lot sold at auction
Bacon Market Short-term Confidence analysis

 

Total auction sales for Francis Bacon's paintings in the last five years, totalled $862.4 million for 47 lots, giving us an average price of $18.35 million.