Jean-Michel Basquiat Work Sells for $504,000 to Deliver a 13% Annualized Return

Jean-Michel Basquiat Work Sells for $504,000 to Deliver a 13% Annualized Return

3 min read  ·  15 May 2025

Untitled (Ape). Image courtesy of Christie's

Untitled (Ape). Image courtesy of Christie's

Jean-Michel Basquiat, Untitled (Ape) (1984) sold for $504,000, more than the low estimate at Christie's in New York on May 15.

The sale beat the previous auction result for this work by $466,000, equivalent to an annualized return of 13%. It last sold at auction in 2004 for $38,000 at Christie's.

Oilstick and colored pencil on paper, 76.2 x 56.5cm. The work has been traded 5 times in the past.

Sale Date
Price
Price Increase
Venue
City
2025-05-15
$504,000
1226 %
Christie's
New York
2013-05-16
-
-
Christie's
New York
2008-11-12
-
-
Sotheby's
New York
2004-05-12
$38,000
-
Christie's
New York

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