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Jean-Michel Basquiat – 24,5 x 31,75 cm

Jean-Michel Basquiat – 24,5 x 31,75 cm

176,500.00 STIMA

Category: Paintings


Title of Work: UNTITLED (corona)

Material: OIL STICK ON PAPER 24,5 cm by 31,75 cm

WALLET: 0xcb53Dd6646306790152c4192b99826D87736cc2C

STIMA: 176500

SKU: 0049 Category:


STIMA VALUE INDEX – Jean-Michel Basquiat

Jean-Michel Basquiat (December 22, 1960 ‚Äď August 12, 1988) was an American artist who rose to success during the 1980s as part of the¬†Neo-expressionism¬†movement.

Basquiat first achieved fame as part of the¬†graffiti¬†duo¬†SAMO, alongside Al Diaz, writing enigmatic¬†epigrams¬†in the cultural hotbed of¬†Manhattan‘s¬†Lower East Side¬†during the late 1970s, where¬†rap,¬†punk, and¬†street art¬†coalesced into early¬†hip-hop music¬†culture. By the early 1980s, his paintings were being exhibited in galleries and museums internationally. At 21, Basquiat became the youngest artist to ever take part in¬†documenta¬†in¬†Kassel. At 22, he was one of the youngest to exhibit at the¬†Whitney Biennial¬†in New York. The¬†Whitney Museum of American Art¬†held a retrospective of his artwork in 1992.

Basquiat’s art focused on dichotomies such as wealth versus poverty, integration versus segregation, and inner versus outer experience. He¬†appropriated¬†poetry, drawing, and painting, and married text and image,¬†abstraction,¬†figuration, and historical information mixed with contemporary critique. He used¬†social commentary¬†in his paintings as a tool for introspection and for identifying with his experiences in the Black community, as well as attacks on¬†power structures¬†and systems of racism. His visual poetics were acutely¬†political¬†and direct in their criticism of¬†colonialism¬†and support for¬†class struggle.

Since Basquiat’s death at the¬†age of 27¬†from a¬†heroin¬†overdose in 1988, his work has steadily increased in value. In 2017,¬†Untitled, a 1982 painting depicting a black skull with red and yellow rivulets, sold for a record-breaking $110.5 million, becoming one of the¬†most expensive paintings¬†ever purchased.

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