Art Investment

Rock group sells a masterpiece of fine art

The painting from the collection of the Basque group U2 will soon appear on the auction

rock group U2 put on the sale of paintings by well-known American artist Jean-Michel Basque (Jean-Michel Basquiat), who almost 20 years, hung on the wall of their studio in Dublin. Work Baskov «Untitled (Ear /Soul)», dated 1982, a Sotheby's auction on July 1. Estimeyt picture of 4-6 million pounds (7,8-11,7 million U.S. dollars). Sotheby's does not exclude that due to such unusual provenansu its final cost is significantly higher than that estimeyt.

Picture area about half were purchased musicians U2 in sharing in 1989 after a group of bassist Adam Clayton saw it in one of New York galleries.

Remember that Jean-Michel Basque began as the author of graffiti, and then entered the circle of New York artists known as neoekspressionistov. From 1982 until his sudden death in 1988, the Basque close contact with Andy Warhol. In recent years the artist has become one of the most expensive and popular in art-market. Record prices for the work of Basque was installed in 2007, when his picture «Untitled», 1981 at Sotheby's auction was paid 14.6 million dollars. high enough and has reached the price of oil on canvas Baskov «The Prophet I» and at the May auction Sotheby's: the picture went for 9.5 million dollars with estimeyte 10-15 million, which once again confirms the high chances of paintings from the collection of U2 on the significant growth in the auction.

Source : www.lenta.ru , artinvestment.ru


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