Close Menu
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds

Subscribe to Updates

Get the latest markets and assets news and updates directly to your inbox.

Trending Now

Sun's out: Six DWWA winners to keep on ice this summer

July 28, 2026

Betye Saar, Who Turned Black Stereotypes Into Symbols of Resistance, Dies at 99

July 28, 2026

V&A Workers Ballot for Strike Over Pay, Heatwave Conditions

July 28, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
The Asset ObserverThe Asset Observer
Newsletter
LIVE MARKET DATA
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds
The Asset ObserverThe Asset Observer
Home»Art Market
Art Market

$45 million Lucian Freud portrait to come to auction for the first time.

News RoomBy News RoomMay 29, 2026
Share
Facebook Twitter LinkedIn Pinterest Email

Lucian Freud’s Sleeping by the Lion Carpet (1995–96), described by art critic Martin Gayford as “the most important work that Freud has ever painted,” will be offered at Sotheby’s London in June with an estimate of £25 million–£35 million ($33 million–$45 million).

The eight-foot canvas is the final and most ambitious of four monumental portraits Freud painted of Sue Tilley, who was working in a London social welfare office when she became one of his most celebrated sitters. Introduced to Freud through performance artist and fashion designer Leigh Bowery, Tilley sat for nine months while Freud painted her slumped and asleep in a leather armchair. In the painting, her body is rendered in what Sotheby’s head of contemporary art Tom Eddison called “sculptural intensity that is both unflinching and deeply humane,” in a statement.

The painting has been held in the collection of British financier Joe Lewis since 1996, acquired directly from Freud’s gallerist Bill Acquavella. It has never previously appeared on the open market. The last time a major work from the Sue Tilley series came to auction—Benefits Supervisor Resting (1995) in 2015 — it sold for $56.2 million, a record at the time for any living artist.

In a statement, Sotheby’s European chairman Oliver Barker called Sleeping by the Lion Carpet “the Mona Lisa of the modern age,” drawing on Freud’s lifelong dialogue with Old Masters including Titian, Peter Paul Rubens, and Diego Velázquez.

“Sleeping by the Lion Carpet is a masterpiece by any measure. It is, quite simply, one of the greatest portraits of the 20th century, if not in the entire history of Western art,” said Barker in a statement.

Sleeping by the Lion Carpet will go on public view at Sotheby's New Bond Street galleries from June 10–23, as part of a broader sale of over 50 works from the Lewis Collection. That sale carries a combined estimate in excess of £150 million ($201.57 million), making it the most valuable collection ever offered in the U.K.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

Betye Saar, Who Turned Black Stereotypes Into Symbols of Resistance, Dies at 99

V&A Workers Ballot for Strike Over Pay, Heatwave Conditions

Betye Saar, Pioneering Assemblage Artist Who Powerfully Tackled Racism, Dies at 99 

Police Arrest Suspect in Theft of Celtic Princess’ 2,500-year-old Gold Torque From French Museum, as National Security Plan Is Launched

Possible ancient human remains and Maya ceramics found in Mexican cenote – The Art Newspaper

Spencer Tunick’s Latest Nude Action Celebrates Pride in the Canary Islands

UNESCO Adds Contested West Bank Archaeological Site, Lebanese Castles to World Heritage List

ADAA Fair Names 63 Exhibitors for Inaugural Rebranded Edition in November

National Portrait Gallery acquires Harley Weir’s portrait of Charli XCX.

Recent Posts
  • Sun's out: Six DWWA winners to keep on ice this summer
  • Betye Saar, Who Turned Black Stereotypes Into Symbols of Resistance, Dies at 99
  • V&A Workers Ballot for Strike Over Pay, Heatwave Conditions
  • The Unlikely Metal Powering AI: Why Tungsten Matters More Than Ever
  • Betye Saar, Pioneering Assemblage Artist Who Powerfully Tackled Racism, Dies at 99 

Subscribe to Newsletter

Get the latest markets and assets news and updates directly to your inbox.

Editors Picks

Betye Saar, Who Turned Black Stereotypes Into Symbols of Resistance, Dies at 99

July 28, 2026

V&A Workers Ballot for Strike Over Pay, Heatwave Conditions

July 28, 2026

The Unlikely Metal Powering AI: Why Tungsten Matters More Than Ever

July 28, 2026

Betye Saar, Pioneering Assemblage Artist Who Powerfully Tackled Racism, Dies at 99 

July 28, 2026

HyProMag USA to Establish Early Magnet Finishing Capability as Part of Phased Texas Hub Development

July 27, 2026
Facebook X (Twitter) Instagram
© 2026 The Asset Observer. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.