Jean-Michel Basquiat Work Sells for $23.41m to Deliver a 13% Annualized Return
3 min read · 15 May 2025
Baby Boom. Image courtesy of Christie's
Jean-Michel Basquiat, Baby Boom (1982) sold for $23.41m, more than the low estimate at Christie's in New York on May 14.
The sale beat the previous auction result for this work by $22.36m, equivalent to an annualized return of 13%. It last sold at auction in 2001 for $1.05m at Phillips.
Acrylic, oilstick and paper collage on canvas mounted on tied wood supports, 125.0 x 213.5cm. The work has been traded 5 times in the past.
Sale Date | Price | Price Increase | Venue | City |
|---|---|---|---|---|
2025-05-14 | $23.41m | 2130 % | Christie's | New York |
2001-05-14 | $1.05m | - | Phillips | New York |
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