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Pierce O’Donnell, one of the owners of the purported Basquiat art seized from the Orlando Museum of Art last June, has said he will vigorously defend the institution’s lawsuit against him — characterizing the suit as a misguided attempt by an unworldly organization trying to deflect attention away from its own shortcomings. “I intend to be their worst nightmare,” O’Donnell told the Orlando ...
The lawsuit claims that De Groft was persuaded to join in the “conspiracy” by promising De Groft a “significant cut of the proceeds of the anticipated multimillion-dollar sale.”
"Absolutely no doubt" Orlando Museum of Art’s Jean-Michel Basquiat's exhibit “Heroes & Monsters” is legitimate, according to the director.
Free Comb with Pagoda has been pulled from OpenSea after his estate clarified that it will still retain the drawing’s license and rights. The Basquiat archive’s licensing agent David Stark confirmed to The Art Newspaper that the Basquiat estate still owns the copyright of the 1986 mixed media work. “No license or rights were conveyed to the seller and the NFT has subsequently been removed from sale,” he said in a statement. The auction of the NFT was sponsored by DAYstrom which initially shared that the sale will include “all related IP and copyright in perpetuity” and that the h...
Original Basquiat Headlines NFT Auction "Free Comb with Pagoda" News provided by Share this article Share this article NEW YORK, April 26, 2021 /PRNewswire/ -- With bids starting at a single Ethereum, the first Non-Fungible Token ("NFT") featuring original work of world-renown artist Jean-Michel Basquiat (American,1960-1988) will go to auction beginning APRIL 26, 2021 thru APRIL 30, 2021 at https://opensea.io/accounts/DaystromNFT. The online auction is sponsored by DAYstrom, the Emmy-winning, multi-segment mindshare behind the iconic BowieBank who anonymously said; "Markets no longer trade ...