Pursuits

Richter, Basquiat Boost $127 Million Sale, Money Pours Into Art

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Paintings by Jean-Michel Basquiat, Peter Doig and Gerhard Richter starred in a $127 million sale as the auction market for contemporary art continued to grow.

Basquiat’s “Museum Security (Broadway Meltdown)” was the top lot of 72 at Christie’s International in London last night, selling for 9.3 million pounds ($14.5 million).