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$30M Work by Jean-Michel Basquiat to Christie's?

Posted: Jan. 25th, 2013  |  By DailyLuxe News

Photo: NouvellesImages.com

While beauty may remain in the eye of the beholder, how do you not call something worth $30 million anything but a commodity?

The work of painter Jean-Michel Basquiat has a market with very deep pockets, according to a report from Art Info based upon information picked up from the Baer Faxts.

 “Dustheads,” a 1982-rendering by Mr. Basquiat, is rumored to be headed to Christie’s in May, with a guarantee of $30-million transaction, if it falls into place. Either way, it is still fun to view, isn’t it?

Visit Nouvelles Images, if you would like to see more work by Basquiat. 

 Baer [Facxs] adds that another Basquiat painting, “Museum Security (Broadway Meltdown),” which was withdrawn from Christie’s last year after a lawsuit broke out between the sellers, the Mugrabi  family, and its previous owner, Edward Spencer-Churchill, was recently sold for $15 million as part of a settlement.

Read More on blogs.artinfo.com
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