A 1982 portrait of Jean-Michel Basquiat by Andy Warhol shall be featured in Christie’s upcoming twenty first century artwork night sale in New York on November 11. The journal writer and ARTnews High 200 collector Peter Brant is promoting the work. It’s anticipated to fetch a worth in extra of $20 million.
Warhol made the portrait of the younger artist when his topic was simply 22 years previous in 1982, the yr that Basquiat was launched to art-world acclaim. Within the portray, a picture of Basquiat’s face is silkscreened in black ink towards a metallic orange floor that’s pocked with silver blots. Measuring at 40 inches sq., that is considered one of a number of works Warhol made by way of oxidation, a course of that he started experimenting with within the late Seventies, wherein he urinated on copper-painted canvases to provide a staining impact.
“From Brooklyn to China, Basquiat symbolizes a brand new era, and Warhol acknowledged this sooner than anybody,” Alex Rotter, Christie’s chairman of twentieth and twenty first Century artwork, stated in a press release. “His unmatched capability to seize celeb, fame, glory and tragedy culminates on this portrait.”
The sale will mark the portray’s first look on the public sale block. Brant bought the work some 20 years in the past from Tony Shafrazi gallery in New York, and loaned it to the Whitney Museum’s 2018–19 Warhol retrospective. Previous to that, the portray traveled internationally, exhibiting at Berlin’s Neue Nationalgalerie and Tate Trendy in London, in addition to museums in Tokyo, Milan, Helsinki and elsewhere.
Brant has collected each Basquiat and Warhol in depth. In 2018, he organized a present devoted to works by Basquiat at his namesake basis within the East Village in collaboration with the Fondation Louis Vuitton.
A virtually equivalent work to the one arising for public sale resides within the everlasting assortment of the Andy Warhol Museum in Pittsburgh.
The information follows Christie’s announcement final week that it’s going to provide Peter Doig’s Swamped (1990) in the identical sale. That portray is predicted to fetch $35 million, paving the best way for a brand new report for the artist.
Warhol’s portrait of Basquiat will go on view to the general public at Christie’s Hong Kong exhibition house from October 7–10. After that, it is going to journey to the public sale home’s Los Angeles outpost on the finish of the month earlier than its sale in New York this November.