Displaying items by tag: jeanmichel basquiat

A commercial statement filed in New York this summer has raised questions about the circumstances surrounding the sale of a painting by Jean-Michel Basquiat at Christie’s, New York, on 13 May.

The work, The Field Next to the Other Road (1981), was consigned to the auction house by the dealer Tony Shafrazi and included in the Post-War and Contemporary evening sale where it sold for $37.1m, the sixth-highest price of the night.

An untitled and undated artwork described as a “painting by Jean-Michel Basquiat that has been authenticated as original,” is up for sale next month in Nashville, Tenn.—and could bring upwards of $2 million.

It is being sold by Aberdeen, Miss.-based Stevens Auction Company, which has been in the business for 31 years.The auctioneer said it can trace the artwork’s ownership back decades.

French police said on Saturday that a painting by the American neoexpressionist and street artist Jean-Michel Basquiat was stolen from the owner's Parisian apartment.

The painting by Basquiat, who was affiliated with the American avant-garde artist Andy Warhol, was estimated to be worth 10 million euros ($11.3 million).

According to French police, there were no signs of a break-in into the apartment where the painting was housed, suggesting that the thief's motive may stem from a family dispute.

An $8 million Basquiat painting and a Roman Togatus statue that were illegally smuggled into the United States by a convicted São Paulo banker were returned to the government of Brazil today at a ceremony in New York. The artworks’ former owner, Edemar Cid Ferreira, was convicted in Brazil in 2005 of fraud and laundering one billion dollars as the founder and president of Banco Santos. Before being caught, he had been converting some of these ill-gotten profits into a 12,000-piece art collection worth an estimated $20 to 30 million, according to Brazilian officials.

Thirty-three-year-old Malaysian financier Jho Low, one of the art collectors who own property in the Time Warner Center—he owns a penthouse on the 76th floor, once owned by Jay Z and Beyonce, that he bought for $30.55— has been identified in an article in the "New York Times" as the buyer of Jean-Michel Basquiat's 1982 painting "Dustheads." The painting fetched $48.8 million in May 2013 at Christie's New York.

That purchase was part of a $495 million sale of postwar and contemporary art, which was, at the time, the highest total in auction history. Christie's has gone on to break that record three times with subsequent contemporary art auctions.

Jean-Michel Basquiat's first retrospective in Canada opens in Toronto this weekend, with nearly 100 large paintings as well as drawings, sculptures, and video filling the halls of "Now's the Time," (a Martin Luther King quote/the title of a painting) at the AGO.

More impactful and comprehensive than past shows like the Brooklyn Museum's "Street to Studio," the exhibit witnesses the curators separate Basquiat's works into nine sections that successfully represent the themes and stylistic variety of the multifaceted 1980's American artist. The show's only downfall may come from Toronto itself.

Three of Andy Warhol's most iconic portraits from the 1980s will go to auction at Bonhams in London on February 12 at the Post-War & Contemporary Art sale. Each depicts a person that was a close friend of the artist as well as an important figure of the decade: socialite Marjorie Copley, photographer Robert Mapplethorpe, and artist Jean-Michel Basquiat.

"Portrait of Marjorie Copley" (1980), an icy, demure departure from the bright Pop colors that largely dominated Warhol's work during this period, has been given an estimate of £180,000–£250,000 ($271,743–$377,421).

The Brooklyn Museum in New York City announced that it will exhibit eight rarely seen notebooks created by Jean-Michel Basquiat between 1980 and 1987. The volumes, which feature 160 pages brimming with poetry, wordplay, sketches, and personal observations, have never been publicly exhibited. “Basquiat: The Unknown Notebooks” will also include thirty paintings, drawings, and mixed-media works drawn from private collections and the artist’s estate.

Basquiat, who rose to fame in the 1980s, is best known for his graffiti-tinged Neo-expressionist and Primitivist works.

Eight notebooks used by the artist Jean-Michel Basquiat that have never before been shown in public are due to go on view at the Brooklyn Museum in April. “Basquiat: The Unknown Notebooks” (3 April-23 August 2015) includes 160 unbound pages from journals the artist filled with sketches and notes between 1980 and 1987. The notebooks come from the collection of Larry Warsh, and another 30 drawings and paintings from other collections will be shown as well.

Tricia Laughlin Bloom, who co-organised the show with the scholar Dieter Buchhart, says the exhibition reveals a side of the artist that tends to be glossed over by the traditional narrative.

Though he died at age 27 in 1988, artist Jean-Michel Basquiat remains among the brightest of American art stars. For a short time, he was a street artist in New York's burgeoning 1970s graffiti scene. His tag, SAMO, became a graffiti icon.

Not long after, Basquiat climbed to the highest rungs of the rarified Manhattan art world, eventually even collaborating on paintings with pop legend Andy Warhol. His celebrity was almost unparalleled among visual artists. His expressionist paintings now hang in museums across the globe and sell for tens of millions. Reebok recently released a line of athletic shoes decorated with Basquiat images.