The most expensive lot of the night was a large Untitled canvas by Jean-Michel Basquiat, dating from 1982. The late artist executed the work during a trip to Modena, Italy. It is part of a small group he made there that are considered to be among his most coveted works, along with Profit 1 and Boy and Dog in a Johnnypump. The final price was $57.3 million, a new record for the artist at auction, compared with an unpublished estimate “in excess of $40 million,” according to Christie’s website.
Record-Breaking Basquiat Painting Leads Christie’s $318 Million Contemporary Sale: Christie's Post War & Contemporary Art Evening Sale
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