The High-Flying Basquiat Market Fell Off a Cliff Last Year. Why?
Jean-Michel Basquiat's auction market plummeted 50 percent in 2022, a dizzying fall from its much-ballyhooed peak of a year prior.
Stay updated with breaking news from Les Poseuses. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Jean-Michel Basquiat's auction market plummeted 50 percent in 2022, a dizzying fall from its much-ballyhooed peak of a year prior.
From a $195 million Warhol to an $80 million Magritte, the 10 most expensive works sold at auction this year totaled more than $1.1 billion.
From the biggest art sale in history to a £220k painting swapped for a sandwich
Deaths and divorces of major collectors fuel record £14.3bn in sales at Christie’s, Sotheby’s and Phillips
Christie's said its $8.4 billion in sales made 2022 its best year ever, thanks in part to the whopping $1.6 billion Paul Allen collection.