Jean-Michel Basquiat
Jean-Michel Basquiat's Untitled 1982 (Credit: Sotheby's)
John Malveaux of
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— A 1982 artwork
by Jean-Michel Basquiat sold for a record $110.5 million at Sotheby’s
auction of contemporary art Thursday night.
Sotheby’s said the sale of “Untitled” was an auction record
for the artist. It also set a record price for an American artist at
auction. The painting’s graffiti-like typography depicts a face in the
shape of a skull.
The piece was purchased by noted Japanese collector and e-commerce entrepreneur Yusaku Maezawa after a 10-minute bidding war.
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