The painting Untitled (1982), featuring a self-portrait by Basquiat, sold for $110.5 million at Sotheby's and has since held the price record for a work by a U.S. artist. Recently, the painting Untitled / The Devil (1982) went under the hammer at Phillips for around 85 million dollars, and an end to the "Basquiat boom" is not yet in sight.
The works from 1981 - 1983 are particularly popular, because they represent Basquiat's rapid rise from graffiti sprayer SAMO© to an established artist. The image-text collages show a very unselfconscious, unique handling of color and material and take on a special role in the then already wild New York art scene of the 1980s. Let's take a closer look at the stories behind Jean-Michel Basquiat's three most highly traded paintings.