Jean-Michel Basquiat masterpiece set to fetch US $ 22 million at Christie’s May 2021 auction

A masterpiece by the late Jean-Michel Basquiat entitled, Untitled (One Eyed Man or Xerox Face) is one of the highlights of the upcoming Christie’s Spring Auction season. It follows the successful sale of Basquiat’s warrior in March, which set a new world record for the most expensive Western artwork ever sold at an auction in Asia for HK $ 323,600,000.

The work will be offered at the 20th and 21st Century Art Evening Sale on May 24 in Hong Kong and is expected to fetch between HK $ 140,000,000 and $ 170,000,000 or between US $ 18,000,000 and $ 22,000,000. It was exhibited at the Guggenheim Museum in Bilbao as part of a major exhibition of Basquiat’s works presented in 2015. The legendary artist painted the piece in 1982, a year which is widely regarded as one of the most important of his career.

It was in this year that he began to achieve commercial success and widespread recognition and also when he produced his most energetic and original works. Untitled is part of a series of 72 x 48 inch works executed on a panel between 1981 and 1982, it is the same series that also included the record warrior.

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Basquiat’s rich use of mixed media for painting also makes this a much sought-after piece. Representing a bright red body amidst a contrast of blue, yellow and white, Untitled the composition is exceptionally strong. The artist also demonstrates his very versatile use of the medium by incorporating acrylic, spray paint and oil stick in addition to collage, creating a textured surface that shows the deep influence of street art on his work. .

“It is truly an honor to be entrusted with another spectacular painting by Jean-Michel Basquiat, one of the most important artists of the post-war period. To be able to present this painting in the same season as warrior is a testament to the wave of interest and appetite in Asia for high-quality works of art by leading Western artists, ”said Jacky Ho, vice president and head of the evening art sales at the 20th and 21st centuries, Asia-Pacific.

The auction takes place on May 24 at the Hong Kong Convention and Exhibition Center. For more information, please visit Christie website. A public preview in Hong Kong, available by appointment only, will run from May 21 to 24. Please contact [email protected] for more details.

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