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  • BASQUIAT MASTERPIECE EXPECTED TO MAKE NEW RECORD IN NOVEMBER

    Jean-Michel Basquiat (1960-1988) Untitled, 1981. Acrylic and oilstick on canvas.
    Estimate in the region of $20 million.

    One of Jean-Michel Basquiat’s ultimate masterpieces is poised to make a record for the artist when it comes up at Christie’s Post War and Contemporary sale in New York on November 14.  Untitled, executed in 1981, has been in the same private collection for almost two decades.  Meantime it has featured prominently in every major Basquiat retrospective.  The painting set a record of $110,000 at auction in 1988.  It is now reckoned to break the latest Basquiat record price of $20.1 million achieved at auction in London last June at Christie’s.

    Loic Gouzer, International Specialist of Post-War and Contemporary Art, declared: “In contrast to most artists, Basquiat created his best paintings at the beginning of his career. Untitled 1981 unites all the elements of energy, freedom and boldness that one looks for in Basquiat. The market has been waiting a long time for a work of this caliber and freshness, therefore we expect it to set a new record for Basquiat, an artist who is in the process of being recognized as a classic of Post-War American Art alongside Warhol, De Kooning and Pollock.”

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