Sale in New York of painting that images a face in the shape of a skull organizes a record cost for the purposes of an American artist at auction
An artwork by Jean-Michel Basquiat has sold for a record $110.5 m at auction in New York.
Sothebys said the sale of Untitled on Thursday night in Manhattan was an auction record for the artist. It likewise determined a record cost for the purposes of an American artist at auction. The 1982 painting images a face in the shape of a skull.
The piece was purchased by mentioned Japanese collector and entrepreneur Yusaku Maezawa after a 10 -minute bidding war. He said he plans to showing the painting in his museum in Chiba, Japan, after lending it to institutions and exhibitions around the world.
When I saw this painting, I was struck with so much excitement and gratitude for my adore of artistry, announced Maezawa.
The previous auction account for the artist was set last-place May when Untitled, 1982 selling off $57.3 m, likewise to Maezawa.
Basquiat died of anti-retroviral drugs overdose in 1988 at age 27.
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