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Sotheby’s to Auction $35 Million USD-Estimated Basquiat Artwork

Sotheby’s is set to auction a $35 million USD-estimated Jean-Michel Basquiat artwork in the coming months. If sold, the piece will be one of the few most expensive works by the artist.

The work is a 1982 painting titled Versus Medici that reflects a point where Basquiat was influenced by his time in Modena, Italy. As the title suggests, the artwork references the Renaissance-era Medici family, and it boasts a handful of signature motifs from the artist: a skeleton, a crown and scribbled words, to mention a few. Versus Medici was painted when the artist was just 22 years old — his paintings from 1982 are the most valuable in the market.

Sotheby’s New York Head of Contemporary Art Grégoire Billault offered some context to the artwork in a statement: "In Versus Medici, Basquiat melds the political and art-historical as he consciously stages a reckoning with the Westernized ideal of visual culture and was intent on mastering and commandeering the accepted ‘rules’ of art history in order to break them."

Sotheby’s Jean-Michel Basquiat Versus Medici auction will be on May 12.

In case you missed it, Basquiat’s Warrior became the most expensive Western artwork auctioned in Asia.

Click here to view full gallery at HYPEBEAST

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