Keith Haring Work Sells for $2.32m to Deliver a 0.8% Annualized Return

Keith Haring, Untitled (Grace Jones Mask) (1987), sold for $2.32m, more than one and a half times the low estimate at Phillips in New York on May 19.

The sale beat the previous auction result for this work by $101,000, equivalent to an annualized return of 0.8%. It last sold at auction in 2020 for $2.22m at Phillips.

Enamel on aluminum, 113.0 x 110.5 x 31.8cm. The work has been traded 5 times in the past.