vegassports-odds.com
vegassports-odds.com January 24, 2018


This painting just sold for $110.5 million

20 May 2017, 01:44 | Winston Chapman

His most recent sale prior to this was a year ago in May when his painting, Untitled, 1982 sold for $US57.3M.

A 1982 untitled Basquiat sold for $110.5 million in NY on Thursday, setting a new auction record for the USA artist in Sotheby's flagship post-war and contemporary art sale, the auction house said. But the sale also sets the record, "for a work by any American artist, for a work by an African-American artist, and as the first work created since 1980 to make over $100 million", according to the New York Times.

It's a record bid for the 1982 masterpiece initially pegged to sell for as much as $60 million.

Sotheby's announced that the painting will be housed eventually in a museum based in Maezawa's hometown of Chiba, Japan.

The next highest sale following the Jean-Michel Basquiat was Roy Lichtenstein's Nude Sunbathing.

The image of the famous scull painting has been used by Basquiat's estate in the past, but to actually own it is another level of fandom.

Osinbajo Overrules Minister, Presidential Aide On Budget
The Senior Special Assistant to the Acting President, Laolu Akande, confirmed this on his Twitter handle, @Akandeoj. Osinbajo by the presidential aide in charge of Senate, Ita Enang.

Video shows Erdogan watched bodyguards' violent attack on protesters in DC
A brawl erupted outside the Turkish ambassador's residence in Washington D.C. on Tuesday as Erdogan was visiting the embassy. Similar clashes happened past year when Erdogan visited Washington for a nuclear security summit.

Russian Federation probe reportedly has current White House advisor under scrutiny
Mr Comey had been running an inquiry into possible collusion between Russian Federation and Donald Trump's election campaign. The White House did not dispute the account of the meeting, according to the Times .

Sotheby's said it was snapped up by the same Japanese entrepreneur, 41-year-old Yusaku Maezawa, who set the previous Basquiat auction record last year, dropping $57.3 million on a self-portrait.

That breathless assessment was offered after the sale by Oliver Barker, chairman of Sotheby's Europe.

As his reputation grew and his works appeared in New York's most sought-after galleries, he appeared on the cover of the New York Times Magazine alongside the headline "New Art, New Money: The Marketing of an American Artist". "We are thrilled that it was purchased by Yusaku Maezawa for his planned museum so others will have a chance to experience its magic firsthand", Billault said.

"He's bringing something never seen before", Billaut said.

Born in Brooklyn to Haitian and Puerto Rican parents, Basquiat was one of the first Black visual artists to earn acclaim in Lower Manhattan's hip-hop- and punk-influenced 1980s art scene.

The enigmatic Basquiat died of a heroin overdose in 1988, aged just 27.



Other News

Trending Now

Celtics' Thomas sits out 2nd half with right hip strain
The win also marked Cleveland's 13th straight playoff win which tied the Los Angeles Lakers' 13 in a row way back in 1988-89. James has scored 30 points in eight straight games as he looks to visit the finals for the seventh-straight season.

Kane Nets Four As Spurs Humiliate Leicester
With one game left of the season Kane also set a career high in Premier League goals, besting his total of 25 set last season. I've got to go out against Hull and get four more, hopefully. "I hope he can win (the Golden Boot)".

Trump faces diplomatic hurdles during 28 hours in the Holy Land
Ambassador to the UN Nikki Haley speaks to the media in the Brady Press Briefing Room of the White House in Washington . While Israel thinks of Jerusalem as its capital, the worldwide community does not honor this claim.

Jose Mourinho Warns Youngsters Will Need Support Against Crystal Palace
Fellaini limped off during the second half at St Mary's with a muscle injury. It's a problem for the weekend but not for the final. Rob is ESPN FC's Manchester United correspondent.