Invest in bacon -$86 million Francis Bacon “triptych” sets record

A three-panel masterpiece by Francis Bacon broke a record for contemporary art auctions Wednesday, selling for more than $86 million after three bidders vied for it. The bidding for “Triptych, 1976” rocketed past an estimate of $70 million for the painting, which is full of symbolism and draws on ancient Greek mythology. INThe price also bested the $72.8 million auction record for contemporary art, set when Mark Rothko’s “White Center (Yellow, Pink and Lavender on Rose)” sold at Sotheby’s in May 2007.

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