25-03-2021 21:04 via artnews.com

Sotheby’s Unveils $35 M. Basquiat Set to Make Auction Debut in May

On Thursday, during a sale in London, Sotheby’s auctioneer Oliver Barker unveiled a 1982 painting by Jean-Michel Basquiat that the house will offer for sale in its New York contemporary art evening sale on May 12. Titled Versus Medici (1982), the painting is expected to fetch a price of $35 million–$50 million. If the work reaches its low estimate, it will be among the most expensive works by the artist ever sold at auction.
The painting shows influence from Basquiat’s time in
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