Irish painter Francis Bacon’s painting Seated Woman sold at Sotheby’s in Paris for a record price. The successful bid: 12-million 200-thousand euros.

Francis Bacon’s 1961 painting Seated Woman far exceeded the pre-sale estimate of 7.5-10 million euros.

There were many bidders for the late painter’s canvas, including some entering bids by telephone. Most dropped out quickly, leaving a few to battle it out for the prize. The painting finally sold to an anonymous buyer.

The painting is of a woman seated, huddled on a dismantled armchair. Muriel Belcher, a confidante and friend of the artist, was one of his preferred models. In his portrayal Bacon put together two profiles blending broad and fine strokes and colour.

Gregoire Billault, Sotheby’s vice president, said, "The particularity of this painting is that it is presented as a simple portrait but in fact it is a couple. Bacon used that a little later, it’s the first example that I know where we see this couple, and by combining two profiles, it’s in fact one single person. It’s a technique from Bacon that we will find again later, more in the 1970s but which is already present in this painting."

Sotheby’s says Bacon’s canvas was the most expensive work of art sold in France since 1989. Bacon is considered a master of contemporary art. He was born in Dublin. He died of a heart attack in Madrid, in 1992.

Upheavals in financial markets in recent months seem to have had little or no affect Wednesday night at Sotheby’s. Bidding was brisk and enthusiastic.