Basquiat's 'Untitled' Painting Sells For $110 Million, The Most Ever Paid For An American Artwork

[saturn7]

Too bad homie couldn't see that loot while he was alive. Now some paleface gets to profit off another black artist.

 

[Faneto4]

Too bad homie couldn't see that loot while he was alive. Now some paleface gets to profit off another black artist.

facts..they exploited this brother...as far as im concerned everyone around him was fake and profited from him..and even more after his death

same old story

 

[the cac mamba]

I remember going to his exhibit and I was like It was from that day on I realized some art is pretentious and people put value to whatever they want

that painting is fukkin dog shyt :deadjay:

paying 110 million for that ugly ass painting i wouldnt pay 110 cents :hatin:

 

[the cac mamba]

Jay Z won, didn't he but a Basquiat piece years ago for like $5m? You'd have to assume it's worth near $50m now...

 

[Real]

I shouldve been a painter

 

[Majestic]

fUkk oUtTa hEre gOtO bED nIkKa

fukk is the meaning of this pic? Seeing it everywhere.

 

[CEITEDMOFO]

i like some of his stuff.

 

[MikeyC]

That painting is not worth 110 mill. As someone stated it's money Laundering. Much like Real Estate in NYC( my industry) these Roch folks just need to park their money. Either to avoid taxes or launder ill gotten funds OR to straight up hide money. We have apartments selling for 100 million that the owner has never stepped foot in and it's under some weird LLC and shyt. The higher the price the more money you can dump at it.

Can u explain this further? How does art go side to side with money laundering and tax avoidance? Also Doesn't the value of art decrease when u buy it meaning you'll money when you sell it after a few years?

 

[Y2Dre]

Either Jay has two or this isn't the one he has cuz I seen footage where his was bright yellow and he keeps it in his kitchen.

 

[BlackDiBiase]

these most have been some of the jewels nas was dropping shotty wop who could sell if he choose

 

[Jesus]

fukk this dead c00n fakkit

 

[Arithmetic]

Who was he close to when he passed? I hope they're seeing some of this money. It's sad when the greats pass early and don't get to see how their art has carried on through time.

 

[Cynic]

The same can be said to you for admiring art. .

I never said I admired nor loathed it so wtf are you talking about ?

You trynna score brownie points with that agressive b!tch ?

 

[Black Magisterialness]

Like ya'll nikkas could do any of the shyt Jean-Michel did...

Art is about so much more than making anatomically correct figures. Even the figures in antiquity weren't totally anatomically correct. They highlighted or diminished certain feature based on their culture.

Same thing with Pollock. Color, composition, where to do what, what materials to use and how to use them.


Art is already subjective. But I don't see ya'll slamming Picasso for making squares or Monet for making all his shyt blurry as hell.

 

[BlackDiBiase]

Either Jay has two or this isn't the one he has cuz I seen footage where his was bright yellow and he keeps it in his kitchen.

plus its already been known.