A painting of a skull by Jean-Michel Basquiat sold for $93.1 million at Christie’s in New York on Tuesday night, becoming the artist’s second-most expensive work to sell at auction and setting a new benchmark for this week’s blockbuster evening sales.

Are Basquiat prints worth anything?

Basquiat’s top prints can command millions of pounds. His most expensive edition, Untitled, sold for $2.9 million (£2.35 million) in June 2020. An editioned print of Flexible sold for $93,750 (£76,650) in May 2020 against an estimate of $50,000-70,000.

Where can you find Jean-Michel Basquiat art?

This set a new record for the highest price ever paid at auction for an American artist’s work. Today, Basquiat’s works are held in the collections of The Museum of Modern Art in New York, the Rubell Family Collection in Miami, and the Museum of Contemporary Art in Los Angeles, among others.

Who owns Jean-Michel Basquiat paintings?

The Estate was administered by Gerard Basquiat, the late artist’s father, until his passing in 2013. It is currently administered by the late artist’s sisters, Jeanine Heriveaux and Lisane Basquiat.

Why are Basquiat paintings worth so much?

The appeal of Basquiat’s work has always been “a combination of raw talent, compelling biography, and limited supply” (New York Times). Perhaps this is the formula that has attracted the checkbooks of the billionaire art-collecting class.

Why is Jean-Michel Basquiat so expensive?

Christie’s New York, November 12, 2013. Jean-Michel Basquiat, Untitled (1982). Image courtesy Christie’s Images Ltd. In this work, which the buyer subsequently loaned to a major Basquiat show at the Fondation Louis Vuitton in 2018, we see one of Basquiat’s signature crowned figures, a boxer sporting Everlast shorts.

Did Madonna date Jean Michel Basquiat?

Madonna, queen of pop, has opened up about her early 1980s relationship with painter Jean-Michel Basquiat, and it would appear the two had a pretty ugly breakup. He was an amazing man and deeply talented, I loved him,” said Madonna on a recent appearance on the Howard Stern Show (via Art Market Monitor).

Why are Basquiat paintings so expensive?

The most expensive, an untitled painting, sold in 2017 to Japanese billionaire Yusaku Maezawa for over $110 million. As Bloomberg writes: “Despite decades of market success, prices for Basquiat’s work have only truly taken off in recent years, driven by demand from a small group of billionaires.”

What is the highest price paid for a Basquiat painting?

Untitled (1982) Jean-Michel Basquiat, Untitled (1982). Courtesy of Christie’s Images, Ltd. A year before Yusaku Maezawa spent $110 million to buy the most expensive Basquiat ever sold at auction (see below), he purchased Untitled (1982) at Christie’s for $57.3 million.

Who bought the Basquiat?

Ken Griffin
Basquiat’s 1982 painting “Boy and Dog in a Johnnypump” was among the highest known transactions in 2020. Bought by the billionaire hedge fund manager Ken Griffin for more than $100 million, it has been hanging at the Art Institute of Chicago.

How much is Basquiat’s art worth?

Basquiat’s art has been exhibited in almost every major art museum in the world, and in 2017 his 1982 Untitled painting was sold for $110.5 million at a Sotheby’s auction. Find a collection of original Jean-Michel Basquiat art on 1stDibs.

Where are Jean-Michel Basquiat’s works held?

Today, Basquiat’s works are held in the collections of The Museum of Modern Art in New York, the Rubell Family Collection in Miami, and the Museum of Contemporary Art in Los Angeles, among others.

Was Jean-Michel Basquiat the first black artist to break through?

Although he was the first Black artist to make a high-level breakthrough, he only ever saw himself as “an artist”, not a black artist. In 1981 Basquiat starred in the film Downtown 81 which was not released until 1998. He sold his first painting to Deborah Harry, from the group Blondie, for $200. By now news was spreading rapidly about his talent.

What was Jean-Michel Basquiat’s personality like?

In that same year he had gained international recognition by being the youngest ever artist to participate in Documenta 7 in Kassel, Germany. Just like in his canvases, Jean-Michel Basquiat could be both childlike and scary, he would be shy then impatient and difficult—but his temperamental personality was enormously attractive to art collectors.