Art Investment

Basquiat work for $ 20 million put up for sale


Jean-Michel Basquiat
Untitled. 1981
Source: galleristny.com

Market by Jean-Michel Basquiat is as active as ever. This year alone, the personal record of the artist renewed twice, first the May New York Phillips de Pury auction work "Untitled" 1981 was sold for 16.3 million dollars , and in June at the London Christie's «Self Portrait" in 1981 was sold for 20.1 million dollars. And it seems that this is not the limit. This November, again at Christie's, you will see another 1981 work "Untitled" with an estimate of about $ 20 million.

canvas, which the 20-year-old Basquiat painted fishing scene, rather known, and get her to sell the specialist auction house Loic Guzera be congratulated for a good catch. According to him, he raced for the job for several years. The owner's name was not disclosed, according to unofficial data, the work comes from the collection of photographer Patrick Demarchelier (Patrick Demarchelier). It is known that the purchase of the lot is guaranteed by a third party.

Basquiat during his short life (he died at age 27 in 1988), wrote about six pictures, but most collectors appreciate his early, 1981 -1982 years, with figures in the center. Basquiat created these works as a free anonymous street artist, without regard to the prestige and commercial success, it was only at the beginning of the thorny path to glory, eventually killed him. He was a real nugget of streets, naive artist in the best sense of the word. Therefore it is not surprising that from the November lot waiting for the next record.

Prepared Maria Onuchina, AI

Source: artinvestment.ru


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