Jean-Michel Basquiat Work Sells for $6.59m to Deliver a 9% Annualized Return
3 min read · 13 May 2025
Untitled. Image courtesy of Phillips
Jean-Michel Basquiat, Untitled (1984) sold for $6.59m, more than the low estimate at Phillips in New York on May 13.
The sale beat the previous auction result for this work by $3.62m, equivalent to an annualized return of 9%. It last sold at auction in 2016 for $2.97m at Sotheby's.
Acrylic, spray paint and paper collage on canvas, 105.4 x 105.4cm. The work has been traded 5 times in the past.
Sale Date | Price | Price Increase | Venue | City |
|---|---|---|---|---|
2025-05-13 | $6.59m | 122 % | Phillips | New York |
2016-11-10 | $2.97m | 3490 % | Sotheby's | London |
1995-06-29 | $82,700 | - | Christie's | London |
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