The full title of this article by Katya Kazakina (Artnet) is “A $20 Million Basquiat From His Most Celebrated Year Heads to Christie’s.” Kazakina writes that the work is believed to depict the artist and his parents. Read full article at Artnet.
A painting from 1982, Jean-Michel Basquiat’s pivotal and most commercially successful year, his annus mirabilis, is returning to the auction block after almost a quarter-century in private hands. Estimated at $20 million to $30 million, Baby Boom will be offered at Christie’s 21st-century evening sale on May 14 in New York.
The roughly 4-by-7-foot canvas, whose title references the rise in birth rates after World War II, is a triple portrait believed to depict the artist, his father, Gerard, and his mother, Matilda, according to Christie’s. (Basquiat was born in 1960, near the end of the Baby Boom generation; he died in 1988, at 27.)
Baby Boom is being sold by a major Basquiat collector, Peter M. Brant, according to people familiar with the work. Christie’s declined to comment on the identity of the consignor.
Brant has tried selling it before. In 2017, shortly after Basquiat’s $110.5 million auction record was set at Sotheby’s, he consigned the work anonymously to Lévy Gorvy gallery for Art Basel. At the time, the asking price was $35 million. Apparently, it didn’t sell.
According to Christie’s provenance, the work hasn’t changed hands since its purchase for $1.16 million in 2001 at Phillips de Pury and Luxembourg. [. . .]
For full article, see https://news.artnet.com/market/basquiat-christies-baby-boom-2633677
The full title of this article by Katya Kazakina (Artnet) is “A $20 Million Basquiat From His Most Celebrated Year Heads to Christie’s.” Kazakina writes that the work is believed to depict the artist and his parents. Read full article at Artnet. A painting from 1982, Jean-Michel Basquiat’s pivotal and most commercially successful year, his annus
