Basquiat painting sells in New York for $93.1 million

The First Art Newspaper on the Net    Established in 1996 Thursday, May 9, 2024


Basquiat painting sells in New York for $93.1 million
'In This Case' by Jean-Michel Basquiat is on display during a preview of the upcoming 21st Century Evening Sale at Christie's on May 07, 2021 in New York City. Cindy Ord/Getty Images/AFP.



NEW YORK (AFP).- Jean-Michel Basquiat's painting "In this Case" sold for $93.1 million in an auction Tuesday at Christie's in New York, the second-highest price paid for a work by the late artist.

The 1983 painting, which depicts a skull on a red background, sold for $81 million, but with fees and commissions the final price came to $93.1 million, well above the estimate of $50 million.

It was another skull, "Untitled", that set the record for the most expensive by Basquiat (1960-1988), which went for $110.5 million in May 2017 at Sotheby's in New York.

"In This Case" reprises two dominant themes in Basquiat's work, anatomy and representation of African-American characters.

In a sign of Basquiat's growing status in the art world, the same canvas was sold in November 2002 for just $999,500, barely more than a hundredth of the price paid on Tuesday.

With the exception of New York-based Basquiat, African American painters have long been undervalued by collectors and underrepresented in museums.

In recent years, the market has started a process of re-evaluating many of them. On Tuesday, Christie's had presented several Black artists as part of its big spring sale.

A Nina Chanel Abney work sold for $990,000, a Jordan Casteel went for $687,500 and a Rashid Johnson fetched $1.95 million.

A work by British artist Lynette Yiadom-Boakye was sold for $1.95 million and a piece by Ghanaian sculptor El Anatsui went under the hammer for $1.95 million, all of them setting new records.


© Agence France-Presse










Today's News

May 13, 2021

Toomey & Co. Auctioneers to hold 'Modern Design + Post-War & Contemporary Art'

A soaring arts scene in Los Angeles confronts a changing landscape

Basquiat painting sells in New York for $93.1 million

Photo discovery shows wartime roundup of Paris Jews

Bob Dylan Center, featuring archival materials, to open in 2022

Michael Jordan rookie sneakers sell for $152,500

Napoleonic jewels dazzle in Geneva auction

Greene Naftali presents two new groups of paintings and works on paper by Monika Baer

Previously unseen works by Yayoi Kusama achieve $15.2 million at Bonhams

Norman Lloyd, veteran Hollywood hyphenate, is dead at 106

Jay-Z and Tina Turner lead Rock Hall of Fame's 2021 inductees

Garvey│Simon opens an exhibition of paintings by Alan Bray

Von Bartha announces representation of Marina Adams in Switzerland

Brazil carnival artist rises above pandemic -- on stilts

Exhibition of mixed media works from the 1980s by Silvio Merlino opens at Nohra Haime Gallery

Treasured items of Broadway legend Carol Channing head to auction on June 17

The Metropolitan Museum of Art appoints Regina Lombardo as Chief Security Officer

Metropolitan Opera reaches deal with union representing chorus

Heritage Auctions' $10.75 million American art event sets records - and resets market

Freeman's Modern and Contemporary Art auction achieves $1.8 million in sale led by women artists

Nassima Landau opens a group exhibition featuring new works from contemporary art stalwarts

Philippe Labaune Gallery opens an exhibition of paintings and original comic strips by Miles Hyman

Copenhagen Contemporary wins Denmark's most prestigious art prize

Shannon's kicks off the spring auction season with strong results and world records

Good Ways to Surely Get Real Instagram Followers

How To Drive Car Safely and Avoid Car Accidents

Email Checker for Assessing Your Email Deliverability

Advantages of Working With Forex Brokers

Choose the Most Fashionable Apparel for a Trendy and Great Look

The best padlock for your garden shed

5 Best Apps for Artists

Amazing NYC bachelorette party ideas

The Best Bars for Celebrating Your Birthday in NYC

NYC Party Bus Rental

Pokies at online casino NZ - what to choose?

3 Ways CBD Can Help You Sleep Better




Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 



Founder:
Ignacio Villarreal
(1941 - 2019)
Editor & Publisher: Jose Villarreal
Art Director: Juan José Sepúlveda Ramírez

sa gaming free credit
Attorneys
Truck Accident Attorneys
Accident Attorneys

Royalville Communications, Inc
produces:

ignaciovillarreal.org juncodelavega.com facundocabral-elfinal.org
Founder's Site. Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site Parroquia Natividad del Señor
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful