<iframe src="//www.googletagmanager.com/ns.html?id=GTM-K3L4M3" height="0" width="0" style="display:none;visibility:hidden">

Arts feature

Do you think this painting is worth $48.4 million?

The market thinks a Basquait is worth that much; art critics disagree. Maybe the market is right

16 November 2013

9:00 AM

16 November 2013

9:00 AM

Earlier this year a painting by Jean-Michel Basquiat, depicting two figures stoned on the hallucinogenic drug PCP, was offered for sale at Christie’s in New York. ‘Dustheads’ was given an estimated sales tag of $25–35 million. In the end, the hammer came down at $48.8 million, a sum that easily broke the previous record for the artist, $26.4

Already a subscriber? Log in

Subscribe for just $2 a week

Try a month of The Spectator Australia absolutely free and without commitment. Not only that but – if you choose to continue – you’ll pay just $2 a week for your first year.

  • Unlimited access to spectator.com.au and app
  • The weekly edition on the Spectator Australia app
  • Spectator podcasts and newsletters
  • Full access to spectator.co.uk
Or

Unlock this article

REGISTER

You might disagree with half of it, but you’ll enjoy reading all of it. Try your first month for free, then just $2 a week for the remainder of your first year.


Comments

Don't miss out

Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.

Already a subscriber? Log in

Close