Bacon Triptych Makes $17.3 Million, Hedge Fund Man Sells Photos

A Francis Bacon triptych last night fetched $17.3 million at an auction that also featured photos of stock exchanges owned by a former hedge fund manager.

The Bacon work, with an unidentified seller, had been estimated by Sotheby’s in London at 10 million pounds ($15.3 million) to 15 million pounds. Separately, Greg Coffey, the ex-co-chief investment officer of Moore Capital Management LLC’s European business, was the seller of five Andreas Gursky photographs, a person with knowledge of the matter said.