Sarah Thornton

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Art market

Economically tough times lead to backroom deals and distress selling

Now that auction houses are no longer offering guarantees, an increasing number of purchases are likely to take placeas discreet transactions brokered by art dealers

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Art market

Buyer of Warhol’s Green Car Crash revealed?

The large-scale “disaster painting” is the most expensive Andy Warhol ever to sell at auction

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Francis Bacon

Bacon show for Zhukova and Abramovich's CCC Moscow

Having set a record for the artist at auction, the collectors put the art to work

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Francis Bacon

Francis Bacon claims his place at the top of the market

As Tate Britain opens a major travelling retrospective, we examine the factors underpinning the meteoric rise in prices for the artist’s work and reveal the identity of his biggest collectors

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Collectors

Roman Abramovich brings home the $86.3m Bacon and the $33.6m Freud

The London-based Russian billionaire has bought the record-breaking works; he has not previously been known to collect art

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Royalty

Revealed: Royal family of Qatar is buyer of world’s most expensive Hirst

The ruling Al-Thanis bought the artist’s Lullaby Spring at Sotheby’s last year for £9.7m and are also believed to have purchased the Rockefeller Rothko for $72.8m