A rediscovered painting by Francis Bacon is to be shown for the first time in over 50 years at next month’s contemporary art sales in London. The 1955 painting of Pope Pius X11 seated on a golden throne, his hand raised in some enigmatic gesture, was last exhibited in 1962 and sold the following year in Turin. Since then it has been locked away in a very private collection.
Classic cars and works of fine art tumbled in value in 2016, while photography and rare musical instruments emerged as the hottest collectors’ items, according to a leading private bank.
I don’t know if I agree 100% with this. Name’s sure still seem to count in my world…
IN A world awash with photos from 2bn smartphones, a picture may still tell a thousand words. But is it still worth a thousand pounds? The market for photography has changed dramatically in the digital era—especially for photojournalists, commercial photographers, studio photographers and the like. But the market for fine-art photography is still going strong.
Full story: The photography market is about not just names