Jean-Michel Basquiat Work Sells for $1.97m to Deliver a 15% Annualized Return
3 min read · 21 May 2026
Untitled. Image courtesy of Christie's
Jean-Michel Basquiat, Untitled (1985), sold for $1.97m, more than one and a half times the low estimate at Christie's in New York on May 21.
The sale beat the previous auction result for this work by $1.93m, equivalent to an annualized return of 15%. It last sold at auction in 1998 for $35,000 at Christie's.
Ink, acrylic, marker, colored pencil and graphite on paper, 48.3 x 66.0cm. The work has been traded 4 times in the past.
Sale Date | Price | Price Increase | Venue | City |
|---|---|---|---|---|
May 21, 2026 | $1.97m | 5517 % | Christie's | New York |
November 13, 1998 | $35,000 | - | Christie's | New York |
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