٠٠:٠٣:٥٠Andy Warhol and Jean-Michel Basquiat’s 'The Collaboration' painting is expected to fetch around 15 to 20 million dollars at a New York auction in a contemporary art evening sale this May.
The untitled 1984 painting is one of around 160 works co-created by the two artists over a two-year period that would prove to include some of the final years of their lives.
Footage captured on Friday shows the artist’s painting placed in between their photographs at the Sotheby’s auction house as well as works from Francis Bacon, Claude Monet and Leonora Carrington. A painting by American artist Keith Haring is also seen being displayed beside Basquiat’s photograph.
David Galperin, Sotheby’s Head of Contemporary Art stated that the Warhol-Basquiat painting has the potential to break an extraordinary world record if it is sold for up to 18 million dollars, making it one of the top lots of the auction house.
"Of course, Warhol and Basquiat are both artists who have commanded prices in excess of a hundred million dollars, both in auction and in privately. But there is yet to be prices at this level for works from this series and this is poised to break an extraordinary world record in light of all the enthusiasm and reevaluation in this body of work," he said.
Warhol died from cardiac arrhythmia in 1987 at age 58 and Basquiat died of a heroin overdose the following year at age 27.
'New world record price!' - Warhol-Basquiat painting poised to fetch $18m at Sotheby’s auction in NYC
Andy Warhol and Jean-Michel Basquiat’s 'The Collaboration' painting is expected to fetch around 15 to 20 million dollars at a New York auction in a contemporary art evening sale this May.
The untitled 1984 painting is one of around 160 works co-created by the two artists over a two-year period that would prove to include some of the final years of their lives.
Footage captured on Friday shows the artist’s painting placed in between their photographs at the Sotheby’s auction house as well as works from Francis Bacon, Claude Monet and Leonora Carrington. A painting by American artist Keith Haring is also seen being displayed beside Basquiat’s photograph.
David Galperin, Sotheby’s Head of Contemporary Art stated that the Warhol-Basquiat painting has the potential to break an extraordinary world record if it is sold for up to 18 million dollars, making it one of the top lots of the auction house.
"Of course, Warhol and Basquiat are both artists who have commanded prices in excess of a hundred million dollars, both in auction and in privately. But there is yet to be prices at this level for works from this series and this is poised to break an extraordinary world record in light of all the enthusiasm and reevaluation in this body of work," he said.
Warhol died from cardiac arrhythmia in 1987 at age 58 and Basquiat died of a heroin overdose the following year at age 27.
Andy Warhol and Jean-Michel Basquiat’s 'The Collaboration' painting is expected to fetch around 15 to 20 million dollars at a New York auction in a contemporary art evening sale this May.
The untitled 1984 painting is one of around 160 works co-created by the two artists over a two-year period that would prove to include some of the final years of their lives.
Footage captured on Friday shows the artist’s painting placed in between their photographs at the Sotheby’s auction house as well as works from Francis Bacon, Claude Monet and Leonora Carrington. A painting by American artist Keith Haring is also seen being displayed beside Basquiat’s photograph.
David Galperin, Sotheby’s Head of Contemporary Art stated that the Warhol-Basquiat painting has the potential to break an extraordinary world record if it is sold for up to 18 million dollars, making it one of the top lots of the auction house.
"Of course, Warhol and Basquiat are both artists who have commanded prices in excess of a hundred million dollars, both in auction and in privately. But there is yet to be prices at this level for works from this series and this is poised to break an extraordinary world record in light of all the enthusiasm and reevaluation in this body of work," he said.
Warhol died from cardiac arrhythmia in 1987 at age 58 and Basquiat died of a heroin overdose the following year at age 27.