Pursuits
Basquiat Sells for $29 Million as Contemporary Art Sales Start
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A Jean-Michel Basquiat painting sold last night for $29 million in the first of a series of sales that concludes a hectic schedule of contemporary-art events.
Basquiat’s untitled work of his trademark cartoon-like figures was estimated by Christie’s International to sell for about 16 million pounds ($24.7 million) at hammer prices.