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rare basquiat sothebys contemporary auctions in new york

Sotheby's will auction a rediscovered early Jean-Michel Basquiat painting from 1981, unseen for 36 years, with a $10–15 million estimate at its Contemporary Evening Auction in New York this May. The sale also features major works from three tightly held private collections: the estate of Barbara Gladstone, the Roy Lichtenstein Foundation, and Daniella Luxembourg's 'Im Spazio' group, alongside top lots by Lucio Fontana, Robert Rauschenberg, Frank Stella, and Ed Ruscha. The Modern Evening Auction includes a Pablo Picasso musketeer portrait and a Georgia O'Keeffe painting, with combined estimates for both sales reaching up to $525.2 million.

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Sotheby’s to sell painting from Jean-Michel Basquiat’s first solo show

Sotheby's will offer Jean-Michel Basquiat's early painting *Crowns (Peso Neto)* (1981) as the top lot in its Contemporary Evening Sale on 18 November, held at the auction house's new headquarters in the Breuer Building. The work, estimated at $35–40 million, was created in the basement of dealer Annina Nosei's gallery and featured in Basquiat's first solo show in 1982, marking a pivotal moment in his rise from street artist to market star. It comes from a European private collection and has never been auctioned before.

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$45 million Basquiat painting heads to auction for the first time.

Sotheby's will auction Jean-Michel Basquiat's painting *Crowns (Peso Neto)* (1981) in its contemporary evening sale in New York this November, with an estimate of $35–$45 million—the highest ever for a Basquiat work from 1981. The painting, making its auction debut, was featured in Basquiat's breakthrough solo show at Annina Nosei Gallery in 1982 and later exhibited at documenta 7 in 1983 and the artist's retrospective at Fondation Louis Vuitton in 2018. It will tour London and Paris before being presented at Sotheby's new New York headquarters in the historic Breuer building.

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trending_up market schedule Apr 27, 2025 visibility 12 link 6 artists

Basquiat Work Expected To Fetch Up To $525M At Sotheby’s Auction

A recently discovered early painting by Jean-Michel Basquiat, created in 1981 when he was 20, will be sold at Sotheby’s Contemporary Evening Auction in New York on May 13. The untitled work, unseen publicly for over 30 years, carries an estimate of $10 million to $15 million. Sotheby’s chairman Grégoire Billault highlighted the piece as a highlight of the Modern Evening Auction, with exhibitions opening May 2 through May 15. The auction also features top lots from Lucio Fontana, Robert Rauschenberg, and the collections of Sally and Victor Ganz and Barbara Gladstone.

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