Download the HENI News app

Basquiat Self-Portrait With $10m Estimate Could Deliver a 9% Annualized Return

3 min read  ·  19 Nov 2024

Self-Portrait. Image courtesy of Phillips

Self-Portrait. Image courtesy of Phillips

Jean-Michel Basquiat, Self-Portrait (1983) is due to be sold at Phillips in New York on November 19, 2024 with a $10m to $15m estimate.

It last sold at auction in 2016 for $4.81m at Christie's. This is $5.19m less than its new low estimate. If it sells for more than the low estimate on November 19, 2024 it could realize a 9% annualized return. Acrylic, Oil, Oilstick And Paper Collage On Wood, Triptych, 91.4 x 181.9cm. The work has been traded 7 times in the past.