$110.5 million
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Jean-Michel Basquiat Painting Sells at Auction for Record $110,500,000
A skull painting by Jean-Michel Basquiat, named Untitled, sold at auction Thursday for $110.5 million—the highest price ever paid for the work of an American artist, and also the sixth-highest auction price for any painting in world history. The Sotheby’s auction lasted only 10 minutes, and the artwork was purchased by Yusaku Maezawa, a Chinese-born…