Jean-Michel Basquiat painting sells for $110.5 million at auction

Jean-Michel Basquiat painting sells for $110.5 million at auction

On Thursday night at Sotheby's Postwar and Contemporary sale in New York City, 1982 Jean-Michel Basquiat's Untitled, painting of a skull was sold during an auction for more than $110 million only after 10 minutes of bidding. According to Sotheby's, the paintingĀ of this skull on a bright-blue background had not been publicly exhibited for 35 years. According to Artsy, this is the highest price ever paid at an auction for work by an American artist or artwork created after 1980, unseating Andy Warhol, whose $105 million auction record was set by his 1963 work Silver Car Crash (Double Disaster). It...Read More