Alvin Aqua Blanco

Jean-Michel Basquiat Painting Sells For $57.3 million

 

Jean-Michel Basquiat died way too soon, but his art lives on, expensively. A huge painting created by the late Haitian artist sold on Tuesday for $57.3M.

Per Raw Story, the large self-portrait was purchased by an Asian collector who copped it via the Christie auction house.  The untitled piece was created in Italy in 1982 and its dimensions are 16′ x 7′.

The price tag is a new record for a Basquiat work.The previous high was for “Dustheads” which was purchased for $48.8M back in 2013.

Also in 2013, Jay Z purchased a Baquiat painting for a cheaper but still rather hefty $4.5M.

FILE - In this April 29, 2016, file photo, a visitor inspects "Untitled" by Jean-Michel Basquiat on display during the press preview of "Bound to Fail" at Christie's auction house in New York. A large blue and green painting by Mark Rothko and the monumental self-portrait by Jean-Michel Basquiat are among the major highlights of Christie's contemporary art sale Tuesday, May 10. (AP Photo/Mary Altaffer, File)

Photo: AP Photo/Mary Altaffer

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