Art world descends on London for Frieze Week

Frieze Week, held every year in Regent’s Park, is one of the most influential in the art world’s calendar.

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Figure in Movement: expected to fetch £15m-£20m

Frieze Week, the world's most influential art fair, is getting under way in London.

Frieze Week gets under way in London on Thursday 4 October. Held every year in Regent's Park, the event is one of the most influential in the art world's calendar. It is made up of two art fairs: the first, Frieze London, features 160 galleries showcasing artworks by today's artists. There is also a themed section, which this year is called Social Work. It sets out to pay homage to female artists of the 1980s and 1990s, "who challenged the status quo and explored the possibilities of political activism in their art making". Frieze Masters is the other art fair. As the name suggests, it is where collectors can snap up works from 130 galleries dating from antiquity right up to the modern era, including paintings by the Old Masters. Both fairs run until Sunday 7October (buy tickets at Frieze.com). There is also a third fair: Frieze Sculpture, also ending on Sunday. Entrance is free.

Bacon and Freud under the hammer

Christie's is getting in on the action. The auction house is selling "the largest and most diverse selection" of a dozen works by Francis Bacon and Lucian Freud, two of Britain's finest 20th-century artists, to coincide with the start of Frieze Week. Leading the sale of post-war and contemporary art is Francis Bacon's 1972 portrait Figure in Movement (pictured). The story behind what drove Bacon to paint it, and several others like it, isa sad one.

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The man in the painting is George Dyer, Bacon's muse and lover. Dyer, a petty East End crook, met the older artist in a Soho pub in the mid 1960s, when he offered to buy Bacon a drink, notes author Michael Peppiatt in Francis Bacon: Anatomy of an Enigma. The two struck up an unlikely relationship, with Bacon revelling in Dyer as the bewildered Cockney lost in the world of art a role that Dyer played up to.

"All that money an' I fink they're reely 'orrible," Dyer is quoted as saying after a Bacon painting sold for £26,000 in 1970. While impressed with Bacon's sophisticated circle, Dyer also felt rejected by it, fuelling his frequent drunkenness. Eventually, the act wore thin, and Bacon broke off the relationship.

Following a brief reconciliation, Dyer killed himself in 1971, the day before the opening of Bacon's retrospective exhibition at the Grand Palais in Paris. The French president, Georges Pompidou, was in attendance, and Bacon acted as though nothing was wrong. In fact, Bacon was haunted by Dyer's death. The following year, Bacon painted Figure in Movement, in which he created "a vivid sense of the transition from life to death, transforming Dyer's distinctive features into commentary on the fleeting nature of life", says Christie's. "Dyer is simultaneously reincarnated and estranged, his likeness skewed to the point of ambiguity and mirrored imperfectly in billowing black." It is expected to fetch between £15m and £20m.

A skull for £12m

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Richter was following in a long tradition of drawing on the image ofskulls as a memento mori Latin for "remember you must die". Hans Holbein famously did something similar in his 1533 work The Ambassadors; more recent artists, such as Paul Czanne, Pablo Picasso and Jean-Michel Basquiat have also drawn on the motif. In fact, it was Picasso's skull paintings that inspired Richter in a number of his early ink drawings from the 1950s, precursors to his later photorealist skull series.

"I felt protected by these motifs, because the motifs are so art-historically charged" Richter previously said of the paintings. "The motifs were covered by this styled composition, out-of-focus quality, andperfection. So, beautifully painted, they take away the fear."

Schdel is expected to sell for between £12m and £18m, according toBarron's Penta, appearing alongside Figure in Movement at Christie's in London on 4 October.

Auctions

Going

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Stage dresses and accessories that belonged to Aretha Franklin, who died last month aged 76, are to go under the hammer at an auction at the Hard Rock Cafin New York on 10November. The highlights of the sale conducted by Julien's Auctions include a red sequinned interior dress designed by Arnold Scassi with a matching sequin romper (pictured), which was worn on stage at Radio City Music Hall in September 1991, and a St John knit jacket worn in September 1999 at a ceremony with Bill Clinton. "On and off the stage, Franklin was also a great fashion legend," says Julien's Martin Nolan. "This collection of her most show-stopping looks demonstrates why she was not only the Queen of Soul but [also] theQueen of Style."

Gone

A rare Ferrari Dino 246GT that Rolling Stones guitarist Keith Richards bought new in 1972 sold for £442,000 atan auction held at Goodwood in West Sussex last Saturday. Richards regularly drove the car, which has a 2.4-litre engine and a top speed of 148 mph, before selling itin 1986. It was then bought by acollector and taken to Japan, where it stayed for three decades. "If you wanted to feel like a rock god, this was the car for you," says Sholto Gilbertson, director of motor cars at auction house Bonhams, whichconducted the sale.

Chris Carter

Chris Carter spent three glorious years reading English literature on the beautiful Welsh coast at Aberystwyth University. Graduating in 2005, he left for the University of York to specialise in Renaissance literature for his MA, before returning to his native Twickenham, in southwest London. He joined a Richmond-based recruitment company, where he worked with several clients, including the Queen’s bank, Coutts, as well as the super luxury, Dorchester-owned Coworth Park country house hotel, near Ascot in Berkshire.

Then, in 2011, Chris joined MoneyWeek. Initially working as part of the website production team, Chris soon rose to the lofty heights of wealth editor, overseeing MoneyWeek’s Spending It lifestyle section. Chris travels the globe in pursuit of his work, soaking up the local culture and sampling the very finest in cuisine, hotels and resorts for the magazine’s discerning readership. He also enjoys writing his fortnightly page on collectables, delving into the fascinating world of auctions and art, classic cars, coins, watches, wine and whisky investing.

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