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110 million dollar painting


kakatiya

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On Thursday, a Jean-Michel Basquiat painting became the first piece of art created after 1980 to be auctioned off at over $100 million.

Sold by Sotheby’s in New York for $110.5 million, CNNMoney reports that the 1982 painting ‘Untitled’ beat an Andy Warhol piece to become the most expensive work by an American artist. The final price tag also far outstripped the expected auction price of $60 million. Only 10 other pieces have ever fetched more than $100 million before.

 
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