Fabian Svarnas
on behalf of the ArtExplored team
editorial@artexploredcom
4
F o r e w o r d
At ArtExplored, we are committed to creating and producing innovative art-
related content. We are not looking to compete with other art media but to
offer something resolutely different that is as interesting for connoisseurs as it is
understandable for novices. Aware of the challenges of this route, our aim is to
open up the art world and its market to those who want to discover it but may
need help deciphering it.
In compiling this first report, we wanted to create an original view of the market
of one of the most celebrated artists of the 20th century. Indeed, it shares
data in a way never done before. We designed it as a practical guide destined
to anyone wishing to explore Francis Bacon’s auction sales history and discover
his best masterpieces at the same time. Hopefully, this report-album will give our
audience a better understanding of the evolution of Bacon’s market, whatever
their motivation and involvement.
To reach a wide range of readers, we have endeavoured to make the content
as accessible as possible. It includes a glossary of terms, brief explanations of
the artist’s practice, and numerous illustrations to appreciate his work’s diversity.
We used a top-down approach to review and examine Bacon’s market under the
following sections:
1.A global analysis of his auction sales over the last 20 years
2.A segmented analysis of his global market into four artistic periods –
referring to groups of works sharing a common aesthetic and produced
during a distinctive time period
3.A more specific analysis of selected pockets of the market based on common
characteristics found across Bacon’s top 10 most expensive artworks.
Our Artist Report is the first in a series of market analysis that will provide our
readers with keys to assessing the high-end of the art market. It will encompass
that of the most recognised artists in history, while their art and life can be
examined across our other contents We invite you to visit our recently launched
ArtExplored website regularly to discover our educational videos audiocasts and
expert articles This is the beginning of an Art odyssey and we hope that you will
gain fulfilment from navigating this vast ocean with us
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