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

godliness

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Black Hands on Green Money
Untitled_acrylic_and_mixed_media_on_canvas_by_--Jean-Michel_Basquiat--%2C_1984.jpg

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Man bro was so talented :wow:. I need to hit that lvl one day.
 

froggle

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Do none of y'all know the point of a huge chunk of Basquiat's art? :gucci:
There's no way you Negroes have missed out on the themes of anti-Blackness, government subversion, depression, colonialism, drug addiction, Communism, etc.
Dude was the voice of a group of people squeezed out by gentrifiers, capitalists, wealthy Whites :gucci:
There are also black artists out there using their art to speak on some of the same issues you highlighted and they are very talented. They are not getting millions because why?

That's why I said for me I realized art is subjective. Because white people cosign it and he rolled wid Warhol?:stopitslime: Everybody tries to be high brow in life and when u look past the facade your like it is all B.S. at the end of the day

The French serve polenta as fine dining. In Jamaica that same polenta is fed to dogs :francis:
 

Majestic

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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?
 
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