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Basquiat painting sells for record-breaking $110.5 million

Basquiat

Selling for $110.5 million (roughly £85 million), Jean-Michel Basquiat’s “Untitled” became the most expensive work ever sold by both an American artist, and the first work in nearly four decades to make over $100 million.

Purchased over the phone at Sotheby’s, the buyer revealed himself in the most appropriate, and…

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