“I think for the Basquiat market, [this week] changes the game,” says the dealer Christophe Van de Weghe. “He’s been selling to some very important collectors. These are rich individuals who don’t need the money. People are looking at Basquiat as one of the most important painters of the 20th century, and the prices certainly show it.”
Demand for Basquiat is global, Van de Weghe continues. “People from all over the world are interested in buying Basquiat. It’s a little bit like Picasso.”
In fact, it’s a lot like Picasso. Of the top 10 results from this week, he and Basquiat head the list. Check them out below.
1. $103.4 million for Picasso’s Femme Assise Près d'une Fenêtre (Marie-Thérèse) (1932)
Sold at Christie's
2. $93.1 million for Basquiat’s In This Case (1983)
Sold at Christie’s
3. $70.4 million for Claude Monet’s Le Bassin aux Nymphéas (1917-1919)
Sold at Sotheby’s
4. $50.8 million for Basquiat’s Versus Medici (1982)
Sold at Sotheby’s
5. $48.5 million for Monet’s Waterloo Bridge, Effet de Brouillard (1899-1903)
Sold at Christie's
6. $41.6 million for Cy Twombly’s Untitled (Rome) (1970)
Sold at Sotheby’s
7. $38.2 million for Mark Rothko’s Untitled (1970)
Sold at Christie’s
8. $37.4 million for Van Gogh’s Le pont de Trinquetaille (1888)
Sold at Christie’s
9. $37 million for Andy Warhol’s Elvis 2 Times (1963)
Sold at Sotheby’s
10. $30.7 million for Clyfford Still’s PH-125 (1948-No. 1) (1948)
Sold at Sotheby’s
This article was provided by Bloomberg News.