Jean-Michel Basquiat portrait sells for $57.3 million
On Tuesday, an unnamed Asian collector bought the massive seven by 16 foot (two-and-a-half by five meter) untitled self-portrait from 1982, painted in Italy.
A huge self-portrait by Jean-Michel Basquiat brought $57.3 million at auction in New York Tuesday, a record for the late American artist, Christie`s said.
His previous record came in May 2013, when his "Dustheads" sold for $48.8 million.
On Tuesday, an unnamed Asian collector bought the massive seven by 16 foot (two-and-a-half by five meter) untitled self-portrait from 1982, painted in Italy.
The young Haitian-American artist, who pictured himself in the work with a demonic image among popping colors, died of a drug overdose at age 27 in 1988.
Spring art auctions in New York began late Sunday and last through Thursday.
The 1,500-odd pieces up for sale this week are expected to bring in more than a billion dollars.
Auguste Rodin`s "Eternal Springtime" marble sculpture of lovers fetched more than $20 million Monday, a record for the French sculptor, at Sotheby`s in New York.
A statue of Hitler on his knees was auctioned Sunday for $17.2 million, a record for a work by the Italian artist Maurizio Cattelan.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
