Basquiat tops Warhol after painting sells for $111 million

The following excerpt is from an article that originally appeared on Topix.com Weird

A Japanese billionaire has bought a Jean-Michel Basquiat painting for $110.5 million, the highest ever price paid at auction for a work by an American artist. It’s a spectacular increase from the last time the painting, “Untitled,” was sold — it fetched a mere $19,000 in 1984.

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