{"id":1937686,"date":"2026-05-15T15:46:00","date_gmt":"2026-05-15T12:46:00","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=1937686"},"modified":"2026-05-15T15:46:00","modified_gmt":"2026-05-15T12:46:00","slug":"the-most-expensive-jean-michel-basquiat-works-ever-sold-at-auction","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=1937686","title":{"rendered":"The Most Expensive Jean-Michel Basquiat Works Ever Sold at Auction"},"content":{"rendered":"
\n\tThe years 1981 to 1984 were a brief period of intense artistic output that cemented Jean-Michel Basquiat\u2019s place within the canon of art history. Initially working under the moniker SAMO, Basquiat, a friend of artist Keith Haring and actress Patti Astor, became an integral member of the social circle around the Mudd Club, the night club\u2013gallery hybrid that defined downtown that decade. In 1981, Mudd Club cofounder Diego Cortez put the 21-year-old Basquiat\u2014then known mainly as a street artist\u2014in a group show called \u201cNew York\/New Wave,\u201d and he was well on his way to fame from there.<\/p>\n
\n\tBy 1983, Basquiat had found his way into the posse of the former Met curator Henry Geldzahler. That year, a discussion between Geldzahler and the artist published in Interview<\/em> magazine limned the now-famous key elements of Basquiat\u2019s work: royalty, heroism, and the streets. Despite his youth, the artist\u2019s creative agility and his political acumen allowed him to emerge as major force unifying street art with painting, in effect bridging the gap between modes that have historically been considered high and low art. By the time Basquiat died at age 27 in 1988, he had become one of the top artists working in New York.<\/p>\n
\n\tOver the subsequent decades, Basquiat\u2019s stature as an artist would be reevaluated by the very institutions in which he remains under-represented. Basquiat is among the most highly valued artists in the art market, and his work, all completed in the brief period between 1981 and 1984, regularly sells at auction for tens of millions of dollars. <\/p>\n
\n\tDuring the May 2026 auctions in New York, for example, his 1983 painting Museum Security (Broadway Meltdown)<\/em> came to Sotheby\u2019s with a $45 million pre-sale estimate. Though it hammered at just a little more than that price, it ended up selling for $52.7 million with fees, easily placing it among Basquiat\u2019s most expensive works.<\/p>\n
\n\tBelow, a look at the top public sales of the artist\u2019s works.<\/p>\n
This article was originally published on March 8, 2021, and was last updated on May 15, 2026.<\/em><\/p>\n
Sold for:<\/strong>\u00a0$29.3 million<\/strong><\/p>\n
In November 2013, another untitled work from 1982 sold in a Christie\u2019s postwar and contemporary art evening sale, landing within its presale estimate of $25 million\u2013$35 million. The year of the painting\u2019s creation marked the point when Basquiat began to have crowns recur frequently throughout his work. That year also marked a significant period of growth for Basquiat: he was the youngest artist to show at the 1982 edition of Documenta, the German art exhibition that takes place every five years, and he sat for a portrait by renowned photographer James Van Der Zee that would later accompany Henry Geldzahler\u2019s profile of the artist for Interview.\u00a0<\/em>Since its auction in 2013, Untitled<\/em> has continued to be a major attraction. It was included in a 2018 Basquiat retrospective at the Fondation Louis Vuitton in Paris, which was that year\u2019s second-most-visited contemporary art exhibition in the world, according to the Art Newspaper\u2019<\/em>s annual museum attendance figures.<\/p>\n<\/div>\n<\/article>\n<\/li>\n
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Flesh and Spirit<\/em>, 1982\u201383<\/h2>\n\n\t\t\t\t\tImage Credit: Sotheby’s\t\t\t\t<\/figcaption><\/figure>\n
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Sold for: $30.7 million<\/strong><\/p>\n
Flesh and Spirit<\/em> was first shown by the legendary dealer Tony Shafrazi in 1983 and is considered an exemplary Basquiat work, if not a rare one, because it uses an almost exclusively neutral palette. At 12 feet square, it bears scratched skeletal images and written references to human anatomy. The painting takes its title from historian Robert Thompson\u2019s seminal 1983 book\u00a0Flash of the Spirit<\/em>, which is about\u00a0the legacy of African art in global contemporary aesthetics.<\/p>\n
The painting\u2019s sale at Sotheby\u2019s in May 2018 was unusual because of the public-facing controversy it generated. Originally, the painting was bought from Shafrazi\u2019s New York gallery by Dolores Ormandy Neumann, the wife of collector Hubert Neumann. When Dolores died, she specifically left the painting to her daughter. Her husband, who inherited a large collection of blue-chip art from his father Morton Neumann, disputed the ownership and began to publicly interfere with the sale. A court ruling just days before the auction ultimately allowed the sale to proceed. When the painting finally did hit the block, it became one of the most expensive Basquiat works, selling for $30.7 million.<\/p>\n<\/div>\n<\/article>\n<\/li>\n
No Basquiat work with a crowned figure has ever sold for more than Untitled<\/em>, from 1981, which came up for auction in May 2014\u00a0 at Christie\u2019s. It was sourced from the estate of Maryland collector Anita Reiner, who died the year prior, in 2013; she originally purchased it in 1982 from the artist\u2019s New York dealer Annina Nosei. The work carried a presale estimate of $20 million\u2013$30 million, and it went on to best that range, making $34.9 million with premium.<\/p>\n<\/div>\n<\/article>\n<\/li>\n
\n\n
La Hara<\/em>, 1981<\/h2>\n\n\t\t\t\t\tImage Credit: Christie’s\t\t\t\t<\/figcaption><\/figure>\n
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Sold for: $35 million<\/strong><\/p>\n
In May 2017, prominent collector and hedge fund manager Steven A. Cohen sold\u00a0La Hara<\/em> at Christie\u2019s New York for $35 million, just above its $28 million high estimate. La Hara<\/em>\u2019s historical value is unmatched. The work represents an undercurrent within Basquiat\u2019s practice that acknowledges the historical threat of violence facing marginalized urban communities. The painting depicts the image of a cop in uniform behind bars surrounded by insignia of authority. Its title is Nuyorican slang for \u201ccop,\u201d and acts as a simultaneous nod to Basquiat\u2019s heritage and a reference to street culture. Recognized for its sociopolitical critique, the work was featured in the Guggenheim Museum\u2019s 2019 exhibition \u201cBasquiat\u2019s Defacement,\u201d organized by Cha\u00e9dria LaBouvier, which revolved around the East Village arts community\u2019s reaction to the police killing of Michael Stewart.<\/p>\n<\/div>\n<\/article>\n<\/li>\n
\n\n
The Field Next to the Other Road<\/em>, 1981<\/h2>\n\n\t\t\t\t\tImage Credit: Christie’s\t\t\t\t<\/figcaption><\/figure>\n
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Sold for: $37.1 million<\/strong><\/p>\n
Originally exhibited in a Galleria d\u2019Arte Emilio Mazzoli\u00a0show in 1981,\u00a0The Field Next to the Other Road\u00a0<\/em>grew out of a period in which Basquiat began to rely heavily on skeletons, halos, and allegorical imagery. It is one of the few Basquiat paintings that depicts fully recognizable figures. In 2015, Basquiat\u2019s former dealer, Tony Shafrazi, offered The Field Next to the Other Road<\/em> at Christie\u2019s, where it made $37.1 million with premium. Nearly a year after its sale, Christie\u2019s filed legal claims demanding the prominent Mugrabi family pay for the painting in full. (The family had\u00a0initially put down a $5 million deposit, hoping Christie\u2019s would find a buyer in a private sale.) The legal claim revealed that the Mugrabis, who are active clients in the Basquiat market, had bought the work.<\/p>\n<\/div>\n<\/article>\n<\/li>\n
Selling in a Christie\u2019s single-lot sale in Hong Kong in March 2021, this work, depicting a crowned figure wielding a weapon came from the collection of German-American real estate mogul Aby Rosen. Having purchased it in 2012 at Sotheby\u2019s for $8.7 million, the new price at Christie\u2019s saw the work appreciate in value by around 380 percent in nine years. It went to a buyer on the phone with the houses\u2019s Hong Kong contemporary art specialist Jacky Ho, outbidding Christie\u2019s New York chairman Alex Rotter\u2019s client.<\/p>\n<\/div>\n<\/article>\n<\/li>\n
The sale of\u00a0Flexible<\/em> was a major moment for boutique auction house Phillips, which had struck an arrangement with Basquiat\u2019s estate to sell works still held by his heirs, the artist\u2019s two sisters. In May 2018, Phillips offered Flexible<\/em> with a $20 million low estimate\u2014a seemingly conservative price point for a work by such a dominant market figure. Unlike many Basquiat works, this was not a painting done on canvas\u2014it was done, instead, on fence slats. Measuring eight-and-a-half feet tall, it is one of the largest Basquiat paintings ever to have come up for auction. The image of a mythical king so reminiscent of the kind of mysterious central figure that appears in Basquiat\u2019s most valuable works surely helped attract aggressive bidding, ultimately leading the house to take in $45.3 million for it.<\/p>\n<\/div>\n<\/article>\n<\/li>\n
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Untitled (ELMAR)<\/em>, 1982<\/strong><\/h2>\n\n\t\t\t\t\tImage Credit: Photo Jean Bourbon\/Courtesy Phillips\t\t\t\t<\/figcaption><\/figure>\n
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Sold for: $46.5 million<\/strong><\/p>\n
Untitled (ELMAR)<\/em> was the tentpole sale of a relatively tepid New York marquee auction for Phillips in 2024. \u00a0It was was one of 13 lots that night with a third-party guarantee, and arrived on the block with a $60 million high estimate, easily positioning it as one of the most expensive paintings by the famed Neo Expressionist ever offered. That astronomic price tag was owed to its storied provenance: it had been acquired from dealer Annina Nosei, the first dealer to show Basquiat, by the late anthropologist Francesco Pellizzi, a friend of the artist. Pellizzi then sold it to the latest consignor. Additionally, Basquiat pieces from 1982 are among the most highly sought-after in his oeuvre, given the convergence of complimentary circumstances: he adopted his first proper studio, had a slew of solo shows and, perhaps buoyed by such successes, firmly articulated his visual vocabulary. <\/p>\n
Untitled (ELMAR)<\/em> didn\u2019t reach Phillips\u2019s most optimistic estimate, but fetching $46.5 million (with fees) earned it a round of applause that night. <\/p>\n<\/div>\n<\/article>\n<\/li>\n
Dustheads<\/em> will forever have an asterisk next to its sale price. In 2013 Basquiat\u2019s prices started to surge. In May of that year,\u00a0Dustheads<\/em> sold at Christie\u2019s New York for $49 million, making $20 million more than another of the artist\u2019s works sold the previous November. Reportedly, the seller was London collector Tiqui Atencio, who had purchased the work from Tony Shafrazi Gallery in 1996. In a 1996 review published in ARTnews\u00a0<\/em>of Shafrazi\u2019s show, critic Elizabeth Hayt saw the painting as \u201can emblem of rage and terror.\u201d<\/p>\n
Two years after the Christie\u2019s sale, a New York Times\u00a0<\/em>investigation into the use of Manhattan luxury real estate by foreign buyers revealed as an aside that Malaysian financier Jho Low had been the buyer. In subsequent years, Low would be accused of misappropriating funds from 1Malaysia Development Berhad, a government-run company, to pay for a lifestyle that allowed for a number of high-value art purchases. Dustheads<\/em> would eventually be used by Low as collateral for a loan from Sotheby\u2019s financial services arm, and the proceeds of the loan were used to build a large yacht. Low defaulted on the loan, which gave Sotheby\u2019s title to the work. A private sale to of D1 Capital hedge-fund manager Daniel Sundheim reset the price at just $35 million.<\/p>\n<\/div>\n<\/article>\n<\/li>\n
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Versus Medici<\/em>, 1982<\/h2>\n\n\t\t\t\t\tImage Credit: Sotheby’s\t\t\t\t<\/figcaption><\/figure>\n
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Sold for: $50.8 million<\/strong><\/p>\n
In its auction debut, Versus Medici<\/i> (1982) sold during Sotheby\u2019s marathon evening sale event in May 2021, during the same week that a Basquiat skull painting from the collection of Valentino cofounder Giancarlo Giammetti sold at Christie\u2019s for $93 million. Versus Medici<\/i> was offered with an estimate of $35 million. The last recorded owner was the late Israeli Belgian collector Yaron Bruckner, the founder of Belgian retailer Eastbridge Group, who died in 2013; he acquired the work in 1990. The guaranteed work went to a bidder on the phone with Sotheby\u2019s Americas chairman Lisa Dennison for a hammer price of $44 million, or $50.8 million with buyer\u2019s fees. The buyer was later revealed to be mega collector and casino mogul Steve Wynn.<\/p>\n<\/div>\n<\/article>\n<\/li>\n
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Museum Security (Broadway Meltdown)<\/em>, 1983<\/h2>\n\n\t\t\t\t\tImage Credit: Courtesy Sotheby’s\t\t\t\t<\/figcaption><\/figure>\n
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Sold for: $52.7 million<\/strong><\/p>\n
\n\tOne of the priciest works to hit the block during the May 2026 auction season in New York, this Basquiat painting was exhibited in 1983 at Gagosian gallery, in a now-legendary show that helped make this artist the star he would ultimately become. Its scrawled phrases include the words \u201cHooverville\u201d and \u201cPriceless Art,\u201d hinting at the uneasy combination of exploitation and market success that Basquiat frequently addressed with his work. Having sold at Christie\u2019s in 2013 for $14.5 million, it returned to auction 13 years later at Sotheby\u2019s, selling for more than three times as much. ARTnews<\/em> reported that its consignor in 2026, when its estimate was set at $45 million, was John Sayegh-Belchatowski; Sotheby\u2019s did not ID its seller by name.<\/p>\n<\/div>\n<\/article>\n<\/li>\n
Basquiat\u2019s\u00a0Untitled (Devil) <\/i>sold at Christie\u2019s in May 2016. Sold from the collection of Adam Lindemann, the billboard-size work has been considered iconic for Basquiat collectors because it features the devil image that appears throughout much of the artist\u2019s work. In 1982, as Basquiat was creating Untitled (Devil)<\/em>, he began spending time in Los Angeles, meeting collectors who would come to be some of the most influential players in the art industry, such as Eli and Edythe Broad.<\/p>\n
Lindemann\u2019s sale of Untitled (Devil) <\/i>was a canny choice by the collector. In the spring of 2016, the Basquiat market had seen a serious pull-back. Many collectors would have considered that a bad time to offer one of the most famous Basquiat images at auction. Undoubtedly helped by a guarantee proffered by Christie\u2019s, Lindemann rightly surmised that the relative quiet of the spring 2016 auctions would focus attention on his lot. He was proven right when collector Yusaku Maezawa bought it for $57.3 million, exceeding its initial high estimate of $40 million.<\/p>\n<\/div>\n<\/article>\n<\/li>\n
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El Gran Espectaculo (The Nile)<\/em><\/strong><\/h2>\n\n\t\t\t\t\tImage Credit: Courtesy Christie’s\t\t\t\t<\/figcaption><\/figure>\n
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Sold for: $67 million<\/strong><\/p>\n
\n\tBasquiat\u2019s 1983\u00a0El Gran Espectaculo (The Nile)<\/em>, a large triptych from the collection of fashion designer Valentino Garavani, was offered by Christie\u2019s at its 21st Century Evening Sale in May 2023 with an estimate of $45 million. That number swiftly proved to be conservative, as its value surged amid a three-way bidding battle. The work hammered at $58 million, going to a bidder on the phone with Christie\u2019s New York specialist Vanessa Fusco for a final price of $67 million with fees. At the time, it counted as the fourth-highest price paid for a work by the artist. Common of this period in his work, it features his signature feverish compositions of floating skulls, emaciated figures, and scrawled phrases that variably reference American politics and ancient Egypt.<\/p>\n<\/div>\n<\/article>\n<\/li>\n
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In This Case<\/em>, 1983<\/h2>\n\n\t\t\t\t\tImage Credit: Christie’s\t\t\t\t<\/figcaption><\/figure>\n
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Sold for: $93.1 million<\/strong><\/p>\n
The star lot in the Christie\u2019s newly reformatted New York\u00a020th century art evening sale in\u00a0May 2021 was Basquiat\u2019s 6\u00bd-foot-tall skull painting In This Case<\/em> (1983), from the collection of Valentino cofounder Giancarlo Giammetti. In the event, eight bidders vied the work, which had a third-party guarantee, including one from Hong Kong. It sold for $93.1 million to a bidder on the phone with Christie\u2019s contemporary art specialist Ana Maria Celis. The painting is from a trio of works that includes the $110.5 million Basquiat skull painting bought by Japanese billionaire businessman Yusaku Maezawa at Sotheby\u2019s in 2017. The third work in that group is in the Broad Museum collection. In This Case<\/em> last sold at auction in 2002, but Giammetti didn\u2019t get his hands on it just then\u2014Sotheby\u2019s sold it below the low estimate to Gagosian for $999,500, and Giammetti later bought it from the mega-dealer in 2007. Since its last appearance at auction in 2002, the estimate had increased 50 times over, from $1 million to $50 million.<\/p>\n<\/div>\n<\/article>\n<\/li>\n
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Untitled<\/em>, 1982<\/h2>\n\n\t\t\t\t\tImage Credit: Estate of Jean-Michel Basquiat \/ ADAGP, Paris \/ ARS)\t\t\t\t<\/figcaption><\/figure>\n
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Sold for: $110.5 million<\/strong><\/p>\n
Untitled<\/em>, from 1982, became the most expensive work by Basquiat ever to sell at auction when it sold at Sotheby\u2019s New York contemporary art evening auction in May 2017, far surpassing its presale high estimate of $60 million. Made as Basquiat\u2019s fame was on the rise, the work features a giant skull-like form against a partially blue background. There was reason for the excitement surrounding the work: it hadn\u2019t been seen publicly since 1984, when it was bought at Christie\u2019s by Jerry and Emily Spiegel for $19,000. The landmark sale established the artist among the top echelon of auction blockbuster names when it sold for $110.5 million. The painting went to Japanese billionaire Yusaku Maezawa, who had also bought the second-most-expensive Basquiat work (see entry #2) just one year prior. The sale made the painting one of the 10 most expensive works of all time. Maezawa later showed it at the Brooklyn Museum and the Seattle Art Museum, and it was featured in a Basquiat survey at the Brant Foundation in 2019.<\/p>\n<\/div>\n<\/article>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
[analyse_image type=”featured” src=”https:\/\/www.artnews.com\/wp-content\/uploads\/2021\/03\/AP18301480083694.jpg?w=1024″] The years 1981 to 1984 were a brief period of intense artistic output that cemented Jean-Michel Basquiat\u2019s place within the canon of art history. Initially working under the moniker SAMO, Basquiat, a friend of artist Keith Haring and actress Patti Astor, became an integral member of the social circle around the Mudd […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[61,226],"class_list":["post-1937686","post","type-post","status-publish","format-standard","hentry","category-politics","tag-artnews-com","tag-crawlmanager"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1937686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1937686"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/1937686\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1937686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1937686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1937686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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