![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhvQnc07FeSLfdyTw18-E8R9i7K48mKtxj1DZTuBigjcfyzWNBFzBLde9Jt-a9E1hD6nMvaa9_reKaORzzP_IVnUrT1D5c2rlhl2Apm1_lqULGSICh4vTm_LaGgJkyyBnZtPhQQI0CP6nU/s1600/blogger-image--1442259739.jpg) |
(Jean-Michel Basquiat Untitled, 1982) |
It always amazes me how much a deceased artist makes at auctions.
A self-portrait by Jean-Michel Basquiat sold for a worldwide auction record of $57.3 million at a Christie's contemporary art sale in May, according to the Associate Press.
Basquiat's self-portrait, Untitled, 1982, which portrays the young artist as a fiery demonic figure, was snapped up by Japanese online retailer, Yusaku Maezawa.
Prior to the auction, it had a $40 million pre-sale estimate.
Various artists have made millions after their death, but where does all that money go? The family? An estate that divides the money into a non-profit organization?
Right now, I do not have the visible funds to acquire any of Basquiat's original works. But I wonder how much a print of Untitled cost? For now, I guess I'll have to admire Basquiat's work from a distance.
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Read more here: http://www.ledger-enquirer.com/entertainment/article76873007.html#storylink=cpy