Jean-Michel Basquiat

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FBI Seizes Museum Exhibit of Questioned Basquiat Paintings

Orlando museum has defended the art as legitimate

(Newser) - Update: FBI investigators went to an art museum on Friday and left with more than two dozen paintings. A spokeswoman for the Orlando Museum of Art said the FBI brought a warrant for access to an exhibit of works advertised as being by the late Jean-Michel Basquiat, the AP reports....

NYPD: This Couple Tried to Make Off With a Basquiat

But police say they left gallery without the painting

(Newser) - It was an audacious and nearly successful move: Police on Wednesday said a man and woman entered a Manhattan gallery on May 14, took a $45,000 painting by Jean-Michel Basquiat from the wall, and began to walk out. They were stopped before making it out of Taglialatella Galleries, however....

Sean Combs Pays $21.1M for Work by Noted Black Artist

The producer has pieces by Keith Haring, Ai Weiwei, and Andy Warhol

(Newser) - The mystery art collector who phoned in the winning $21.1 million bid at a Sotheby’s auction for a painting by African-American artist Kerry James Marshall has been revealed. That someone has turned out to be Grammy Award-winning record producer Sean Combs, aka Diddy, reports Marshall’s long-time art...

Painting Made by 21-Year-Old in 1982 Sells for $110.5M

Jean-Michel Basquiat masterpiece busts auction records

(Newser) - An artwork created by a 21-year-old American in 1982 broke several records at an auction in New York City Thursday night—including most expensive work by a US artist. Jean-Michel Basquiat's untitled painting of a skull sold for $110.5 million to Japanese fashion tycoon Yusaku Maezawa, who set...

Modern Art Fever: Basquiat Fetches $16.3M

It's a record price for the artist

(Newser) - Well, it's no $120 million , but a Jean Michel Basquiat painting made a splash at an auction last night at Phillips de Pury & Company, selling for a whopping $16.3 million—an all-time high for the neo-expressionist. Coming just two days after a record-setting Christie's auction , the...

Strapped Art Market Preps for Auctions

Expectations low as auction houses try variety of tactics

(Newser) - After a 7-year boom, art auction houses are struggling as collectors hit hard by the recession close their wallets. Sotheby’s predicts it will pull in $179 million to $256 million at spring sales, compared to $742 million a year ago. As the spring events approach, auctioneers are employing an...

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