{"id":11969,"date":"2022-02-28T18:59:00","date_gmt":"2022-03-01T01:59:00","guid":{"rendered":"https:\/\/BigJimIndustries.com\/wordpress\/?p=11969"},"modified":"2022-03-05T19:01:47","modified_gmt":"2022-03-06T02:01:47","slug":"hot-basquiat","status":"publish","type":"post","link":"https:\/\/bigjimindustries.com\/wordpress\/2022\/02\/28\/hot-basquiat\/","title":{"rendered":"Hot Basquiat"},"content":{"rendered":"\n

from The Wall Street Journal<\/a><\/em><\/p>\n\n\n\n

Basquiat Is Hotter Than Warhol\u2014and Now a Billionaire Wants to Sell a 1982 Work for $70 Million<\/h1>\n\n\n\n

Collector Yusaku Maezawa is auctioning off his wall-size Basquiat, featuring a devilish figure, at Phillips this spring<\/p>\n\n\n\n

By\u00a0Kelly Crow<\/a><\/p>\n\n\n\n

\"\"
Untitled 1982 work by Jean-Michel Basquiat, estimated at around $70 million, to be offered at Phillips in May. PHOTO:\u00a0PHILLIPS<\/em><\/figcaption><\/figure>\n\n\n\n

A billionaire who recently rocketed to the International Space Station<\/a> said he is sending one of his prized Jean-Michel Basquiat paintings to auction this spring for an estimated $70 million. The move hints at the shifting whims of the world\u2019s wealthy but also underscores the continuing strength of the art market overall. <\/p>\n\n\n\n

Yusaku Maezawa wasn\u2019t well-known in art circles when he paid<\/a> Christie\u2019s a record-breaking $57.3 million for his untitled 1982 Basquiat<\/a> six years ago. The collector reveled in the win by posting an image on his Instagram account<\/a>, shrugging off the typical discretion exercised by some top buyers.<\/p>\n\n\n\n

Now, the fashion mogul behind e-commerce site Zozotown said he is ready to resell his breakout Basquiat, enlisting boutique auctioneer Phillips to offer up the painting in May in New York. The 16-foot-wide work is splashed with red and salmon hues and features a horned devil-like figure that curators have suggested could be the former New York graffiti artist\u2019s conflicted self-portrait.\u00a0<\/p>\n\n\n\n

[ click to continue<\/a> reading at WSJ ]<\/p>\n","protected":false},"excerpt":{"rendered":"

from The Wall Street Journal Basquiat Is Hotter Than Warhol\u2014and Now a Billionaire Wants to Sell a 1982 Work for $70 Million Collector Yusaku Maezawa is auctioning off his wall-size Basquiat, featuring a devilish figure, at Phillips this spring By\u00a0Kelly Crow A billionaire who recently rocketed to the International Space Station said he is sending one of […]<\/p>\n","protected":false},"author":26,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-11969","post","type-post","status-publish","format-standard","hentry","category-culture-art"],"_links":{"self":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts\/11969","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/users\/26"}],"replies":[{"embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/comments?post=11969"}],"version-history":[{"count":0,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts\/11969\/revisions"}],"wp:attachment":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/media?parent=11969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/categories?post=11969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/tags?post=11969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}