Untitled (1982 painting)

Untitled is a painting created by American artist Jean-Michel Basquiat (1960–1988) in 1982. The artwork, which depicts a skull, is among the most expensive paintings ever purchased. In May 2017, it sold for $110.5 million at Sotheby's, the highest price ever paid at auction for work by an American artist.[1]

Untitled
ArtistJean-Michel Basquiat
Year1982
MediumAcrylic, spray paint and oilstick on canvas
MovementNeo-expressionism
Dimensions183.20 cm × 173.04 cm (72.125 in × 68.125 in)
OwnerYusaku Maezawa

History

Untitled was executed by Jean-Michel Basquiat in 1982, which is considered his most valuable year.[2] The top three Basquiat paintings at auction all date to 1982. Untitled depicts a skull, composed of black brushstrokes with red, yellow and white rivulets against a blue background. It originally sold for $4,000 in 1982.[2] It was owned by the Annina Nosei Gallery in New York, before being sold to Phoebe Chason, who sold it to Alexander F. Milliken in 1982. It hadn't been shown in public since it was auctioned at Christie's in 1984 to Jerry and Emily Spiegel for $20,900.[3]

In May 2017, the painting was auctioned at Sotheby's to Japanese businessman and art collector Yusaku Maezawa for $110.5 million, which far exceeded the pre-sale estimate of $60 million.[4] It is the first work made after 1980 to sell for more than $100 million. It surpassed Andy Warhol's $105 million auction record for Silver Car Crash (Double Disaster) (1963), and became sixth-most expensive work ever auctioned.[5] Basquiat's previous record was $57.3 million, also purchased by Maezawa, for Untitled (1982), a painting of a devil.[6]

Exhibitions

Untitled was exhibited for the group show Fast at Alexander F. Milliken Inc. in New York, June–July 1982.[7]

After Yusaku Maezawa purchased the painting, he loaned it to the Brooklyn Museum and the Seattle Art Museum in 2018.[8][9][10] Maezawa plans to open a contemporary art museum in his hometown of Chiba, Japan, which will house the painting with the rest of his art collection.[11]

It was on display for the Jean-Michel Basquiat exhibit at the Brant Foundation in New York, March–May 2019.[12]

See also

References
  1. Pogrebin, Robin; Reyburn, Scott (May 18, 2017). "A Basquiat Sells for 'Mind-Blowing' $110.5 Million at Auction". The New York Times. ISSN 0362-4331. Retrieved 2020-09-26.
  2. Gotthardt, Alexxa (April 1, 2018). "What Makes 1982 Basquiat's Most Valuable Year". Artsy. Retrieved 2020-09-26.
  3. Davis, Dominic-Madori (May 13, 2020). "9 famous paintings that sold at auction for millions more than their earlier value". Business Insider. Retrieved 2020-10-14.
  4. "At $110.5 Million, Basquiat Painting Becomes Priciest Work Ever Sold By A U.S. Artist". NPR.org. Retrieved 2020-09-26.
  5. Mullen, Jethro (May 18, 2017). "Basquiat tops Warhol after painting sells for $111 million". CNNMoney. Retrieved 2020-09-26.
  6. Martinez, Alanna (May 11, 2016). "$57M Basquiat Breaks Auction Record at Christie's". Observer. Retrieved 2020-09-26.
  7. "Alexander F. Milliken Inc, Jean-Michel Basquiat, David Wojnarowicz..., Fast, Group Exhibition Catalogue, June - July 1982". Gallery 98. 2018-05-21. Retrieved 2020-09-26.
  8. Kinsella, Eileen (January 11, 2018). "Yusaku Maezawa's Blockbuster $110.5 Million Basquiat Is Getting Its Own Brooklyn Museum Show". artnet News. Retrieved 2020-09-30.
  9. Davis, Ben (February 8, 2018). "How a One-Painting Basquiat Show Lets You Get Inside the Brilliant Young Artist's Head". artnet News. Retrieved 2020-09-30.
  10. "Basquiat—Untitled". Seattle Art Museum. Retrieved 2020-09-30.
  11. "The art world's new rock star". Christie's. September 14, 2017. Retrieved 2020-09-30.
  12. Crow, Kelly (February 28, 2019). "$110.5 Million Basquiat Lands in New York's East Village". Wall Street Journal. ISSN 0099-9660. Retrieved 2020-10-02.
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