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trending_up market schedule May 19, 2025 visibility 19 link 13 artists, 2 galleries

Basquiat's monumental work on paper sells for US$16.3m, leading Sotheby's contemporary sale in New York

On May 15, Sotheby's held The Now and Contemporary Evening Sale in New York, achieving a total of US$127.1 million. The top lot was an untitled 1981 work on paper by Jean-Michel Basquiat, which sold for US$16.3 million after a five-minute bidding battle. The sale included 41 lots with a 92.6% sell-through rate, and all nine works from the collection of Roy and Dorothy Leichtenstein were sold, contributing US$29 million to the total.

newspaper TheValue.com open_in_new Read original
trending_up market schedule Apr 28, 2025 visibility 11 link 7 artists

Early Basquiat to Lead Sotheby’s Contemporary Auctions -

Sotheby’s will offer a rare untitled 1981 painting by Jean-Michel Basquiat at its Contemporary Evening Auction in New York, estimated at $10–15 million. The work, unseen for 36 years, has been held in a private collection since 1989 and captures the raw energy of Basquiat’s breakout period. Other highlights include Lucio Fontana’s *Concetto spaziale, La Fine di Dio* (1963), Robert Rauschenberg’s *Combine Rigger* (1961), Frank Stella’s *Adelante* (1964), and Ed Ruscha’s *That Was Then This Is Now* (1989). The auction is built around three major private collections: the estate of gallerist Barbara Gladstone, the Roy Lichtenstein Foundation, and the “Im Spazio” group assembled by Daniella Luxembourg.

newspaper ArtDog Istanbul open_in_new Read original

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