Thursday, May 18, 2017

Basquiat skull painting sells for $110.5 million at Sotheby’s auction, in a record for the Haitian-American painter

A 1982 painting by Jean-Michel Basquiat sold for $110.5 million atSotheby’s New York on Thursday—establishing a new record high for any U.S. artist at auction.

Tokyo e-commerce king Yusaku Maezawa later confirmed that he had bought the untitled work, a turquoise-blue painting topped by colorful slashes and a menacing black skull ....