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Wednesday, 11 May 2016 13:47

Christie’s Sells a Record-Breaking Basquiat

An auction at Christie's. An auction at Christie's. Wikimedia Commons

A record-breaking painting by Jean-Michel Basquiat led Christie’s Postwar and Contemporary Art Evening  Sale on Tuesday, May 10. Garnering $57.3 million, the 1982 canvas sailed past its presale estimate, which hovered above $40 million. The work was followed by Mark Rothko’s No. 17, which netted a cool $32.6 million. Basquiat’s previous auction record was set in 2013 at Christie’s when Dustheads sold for $48.8 million.

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