The work of Jean-Мишеля Basquiat sold for a record $57.3 million
At the auction of postwar and contemporary art Christie's set a new auction record for works by Jean-Мишеля Basquiat — $57.3 million paid so Much for his work "untitled". All new-йоркский evening auction of postwar and contemporary art on may 10, brought $318,4 million (total estimate $285,6–398,2 mln). With the hammer gone 52 out of 60 lots (87 %). Two days before this — may 8 — thematic auction Christie's "Bound to Fail" ("Doomed to failure"), which was established a new record price for a sculpture by Maurizio Cattelan, ended with a score of $78 million total for two days of key auctions — about $400 million For comparison: in the spring of 2015 thematic auction "Looking Forward to the Past" brought Christie's $705,9 million, and another auction ended with a score of $658,5 million
Sold for $57.3 million, the work "untitled" was written by Jean-Мишелем Basquiat during a trip to Modena (Italy). On this trip the artist had written only a few works that today are considered among the most desirable among collectors. The lot was estimated at $40 million, the Final hammer price far exceeded the previous record Basquiat — $48.8 million for Dustheads ("Blurred head") at auction Christie's in may 2013. Bargain for Modena job started with $24 million and steps to $1 million reached a record. The main opponents were two: they were represented by employees of the auction house.
after the auction it became known the name of the buyer of the work of Basquiat. It is 40-летний Japanese businessman of Maezawa Yusaku (Yusaku Maezawa), number 17 in the Forbes list of the richest people in Japan. State of Maezawa is estimated at $2.7 billion.
Japanese billionaire said in an interview that he chose the work of Basquiat not only from the investment motives. He felt her strong connection as it relates to the same generation, whose representative was Basquiat. "Untitled" 1982 was the first work by Basquiat, shown in Japan — in 1985. It was a historic moment for Japan. Maesawa, he said, felt the need to take care of this now masterpiece, save it to the future generations. The Japanese intend to make the work available to the public in the near future.
Sources: artnet.com, artnet.com, artinvestment.ru
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