Sunday 28 May 2017

Skull painting sells for record $110.5m

"This is a day we'll not soon forget," Grégoire Billault, the head of contemporary art, said at the press conference, voice full of emotion

Basquiat skull painting sells for record $110.5m at Sotheby's

Japanese billionaire Yusaku Maezawa bought the work in New York for almost double the artist's previous record.
Sotheby's made history when it sold an untitled Basquiat skull head painting from 1982 for $110.5m with fees to the Japanese billionaire Yusaku Maezawa, marking the highest price at auction for a post-1980 work of art, the second-highest price for any contemporary work at auction and the sixth-highest price for any piece sold at auction, in a sale that totalled $319.2m, with fees.

SOURCE : THE ART NEWS PAPER

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