Friday, May 27, 2016

Insanity Is Normal In The World of Art

Jean-Michel Basquiat, Dustheads ($25-35m)
The painting above is Jean-Michel Basquiat's "Dustheads", completed in 1982. It was purchased at auction  in 2013 for somewhat less than $49 million by Malaysian Jho Low. Mr. Low, now the object of investigation by police agencies all over the world, sold this fabulous work of art a few days ago for $35 million, according to reliable sources. Basquiat, having died in 1988 of a heroin overdose in his studio at age 27, wasn't able to share in the financial gains of his artistry, or losses, either.
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Jean-Michel Basquiat, himself.

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