This Basquiat Painting Sold For $48.8 Million Last Night
Jean-Michel Basquiat's Dustheads, 1983, which sold for $48.4 million
Last night's contemporary art auction at Christie's broke numerous records for the artists. For instance, a 1982 painting by Jean-Michel Basquiat called "Dustheads" was expected to sell for around $25-35 million—but it went to $48.4 million. The night's sales totaled $495 million; dealer Asher Edelman said, “It was amazing. Nobody knows what to do with their money, I guess.”
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