Jean-Michel Basquiat Painting Could Fetch $50,000,000 at May Auction

Stephen A. Crockett Jr.
Basquiat’s Untitled, 1982
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The artwork of New York artist Jean-Michel Basquiat, who burst onto the art scene in the early 1980s and died of a drug overdose in 1988 at age 27, has commanded a hefty price tag since his death.

Christie’s auction house will offer Basquiat’s Untitled, 1982 as part of its postwar- and contemporary-art sale May 10. The famed auction house adds that the painting—which, the Associated Press notes, is a self-portrait of the artist shrouded in explosive color—has been part of every major Basquiat retrospective.


Brett Gorvy, head of postwar and contemporary art at Christie’s, told AP that the work is expected to fetch one of the highest prices of the evening and could even top the artist’s highest-priced work, Dustheads, which sold for $48.8 million at Christie’s in 2013.

Read more at the Associated Press.

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