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5.16.2013

Basquiat Painting, 'Dustheads,' Fetches Record $48.8 Million At Christie's Auction In New York

Good morning contemporary art lovers!
New record aa sale of postwar and contemporary art at Christies last night in NYC!!!

A Jean-Michel Basquiat (zhahn mee-SHEHL' BAH'-skee-aht) painting has set a new auction record. Christie's says "Dustheads" sold for $48.8 million. His "Untitled," a painting of a black fisherman, held the previous record when it sold for $26.4 million last November.

Art dealers, collectors, advisors, curators... all together agree to say that last night auction was quite amazing with two other breaking world auction prices for artists were works by Roy Lichtenstein ("Woman With Flowered Hat" fetched $56 million) and Jackson Pollock (An important drip painting by Pollock, "Number 19," realized a record $58.3 million).

Christie's says Wednesday's auction brought in $495 million, the highest total at any art auction.

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