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

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An IPO for a Painting? This $55 Million Masterpiece Is Going Public
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Heard on the Street: A portrait by British painter Francis Bacon will be publicly listed this summer. Shares will be sold for around $100 a piece.

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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.

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