Basquiat owned by Japan's Maezawa sells for $85 mn - Sharjah24

Sharjah24 – AFP: Jean-Michel Basquiat's "Untitled" 1982 sold for $85 million at auction in New York Wednesday, well above its pre-sale estimate and netting Japanese billionaire space tourist Yusaku Maezawa a tidy profit.

Phillips auction house sold the 16-foot-wide painting on behalf of Maezawa, who purchased it in 2016 for $57.3 million.The auctioneers had tipped it to go for around $70 million. Phillips announced … [+1116 chars]

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