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https://www.wsj.com/articles/ipo-francis-bacon-portrait-george-dyer-art-market-4a66000a

An IPO for a Painting? This $55 Million Masterpiece Is Going Public

A portrait by British painter Francis Bacon will be publicly listed this summer, even as rising interest rates blur the case for investing in art

Christie’s employees adjust Francis Bacon’s ‘Three Studies for a Portrait of George Dyer’ in 2017. Shares of the artwork will soon be sold in an initial public offering. Frank Augstein/Associated Press

By

Carol Ryan

What would the late painter Francis Bacon make of it all? A portrait of his lover is about to make its stock-market debut, giving the average Joe access to the rarefied world of serious art collecting. 

One catch is that the megarich may have enjoyed the best spoils already.

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Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.