he had complex art and simple/doodling art...but it was really the message in his art which resonated...
Since Basquiat’s death in 1988, his market has developed steadily — in line with overall art market trends — with a dramatic peak in 2007 when, at the height of the art market boom, the global auction volume for his work was over $115m. Brett Gorvy, deputy chairman of Christie’s, is quoted describing Basquiat’s market as "two-tiered. [...] The most coveted material is rare, generally dating from the best period, 1981-83."[34] Until 2002, the highest money paid for an original work of Basquiat's was US$3,302,500, set on November 12, 1998 at Christie's.
In 2002, Basquiat's Profit I (1982), a large piece measuring 86.5"/220 cm by 157.5"/400 cm, was set for auction again at Christie's by drummer Lars Ulrich of the heavy metal band Metallica. It sold for US$5,509,500.[35] The proceedings of the auction are documented in the film Some Kind of Monster.
In 2008, at another auction at Christie's, Ulrich sold a 1982 Basquiat piece, Untitled (Boxer), for US$13,522,500 to an anonymous telephone bidder.[36] Another record price for a Basquiat painting was made on in 2007, when an untitled Basquiat work from 1981 sold at Sotheby's in New York for US$14.6 million.[37] In 2012, Basquiat's Untitled (1981), a painting of a haloed, black-headed man with a bright red skeletal body, depicted amid the artist’s signature scrawls, was sold by Robert Lehrman for $16.3 million, well above its $12 million high estimate.[38]