SOTHEBY’S TO OFFER FOUR WORKS BY JEAN-MICHEL BASQUIAT CHARTING THE ARTIST’S CELEBRATED CAREER

Emerging from the Same Distinguished Private Collection, The Group Is Led by:

UNTITLED (POLLO FRITO) A Fiery Diptych from 1982 Estimated in Excess of $25 Million ** TAXI, 45TH/BROADWAY A Collaboration Painting with Andy Warhol * Formerly in the Collection of Gianni Versace * Estimate $6/8 Million

Highlighting Sotheby’s CONTEMPORARY ART EVENING AUCTION In New York on 14 November
 

NEW YORK, 28 September 2018 – As the international art world looks forward to the October opening of the Fondation Louis Vuitton’s exhibition spanning the work of Jean-Michel Basquiat, Sotheby’s is pleased to announce that our marquee evening auction of Contemporary Art in New York on 14 November 2018 will feature a group of four works by the artist emerging from the same distinguished private collection that similarly charts his rapid rise to international acclaim throughout the 1980s.

Together, the collection affords a remarkably comprehensive overview of Basquiat’s celebrated career. The group is led by his Untitled (Pollo Frito) from the critical year of 1982, when he fully ‘arrived’ on the international art scene (pictured page 1). Comprising two panels that together span 12 feet (3.05 meters) across, Untitled (Pollo Frito) is estimated to sell for in excess of $25 million this November.

The collection also offers: Taxi, 45th/Broadway, a collaboration painting with Andy Warhol from circa 1984-85 that was formerly in the collection of Gianni Versace (pictured right, estimate $6/8 million); Untitled from 1982, a vibrant and densely-layered work on paper (estimate $1.5/2 million); and Untitled from 1988, a poignant monochromatic painting completed in the final year of Basquiat’s short life (estimate $2/4 million).

David Galperin, Head of Sotheby’s Evening Auctions of Contemporary Art in New York, commented: “We are thrilled to present an esteemed private collection comprising four important works that illustrate the full scope of Basquiat’s legendary career. It is rare to find such an exceptional and cohesive selection of works that span the development of Basquiat’s groundbreaking visual language, representing his unparalleled mastery in a range of media such as canvas, paper, and wood. Alone, each work is the best of its kind; together, they chart an astounding narrative that exemplifies Basquiat’s creative genius and his resounding contribution to the 20th century. This collection provides a look into the mind of the phenomenon who broke with tradition and rewrote art history by his own rules.”

Untitled (Pollo Frito) and Taxi, 45th/Broadway are now on view at the Hong Kong Convention & Exhibition Centre. Select works from this group also will travel to London, Los Angeles and Paris this fall*, prior to the full viewing of our marquee auctions of Impressionist & Modern and Contemporary Art that will open in New York on 2 November.

Jean‐Michel Basquiat Untitled (Pollo Frito) 1982 Acrylic, oil and enamel on canvas, in two parts 152.4 by 306.1 cm | 60 by 120½ in Estimate in Excess of $25 Million

Paralleling the artist’s spectacular rise to international acclaim, the explosive mark-making and scrawls which cover (Untitled) Pollo Frito are fueled by the furious artistic drive which guided Basquiat as he began his ascent. The work dates to Basquiat’s breakout year of 1982, during which he received his first solo exhibition with Annina Nosei in New York, followed quickly by Larry Gagosian in Los Angeles, Bruno Bischofberger in Zurich, and an invitation to attend the international exhibition Documenta 7 in Kassel as the youngest artist in attendance.

Revealing virtuosic painterly abilities, Basquiat builds up intricately impastoed layers of oilstick, acrylic, and enamel upon the surface of (Untitled) Pollo Frito, and then slices through them with searing incisions, working positively and negatively to create an incredibly densely worked surface. The painting is replete with Basquiat's key iconography, including the powerful skull heads, three-pointed crown, and dense network of repeated textual references that recur in Basquiat's most significant works. His skill as a colorist is also on display, with the canvas almost completely covered in incendiary shades of orange, red, and yellow.

Jean-Michel Basquiat and Andy Warhol Taxi, 45th/Broadway Circa 1984-85 Acrylic, oil stick, synthetic polymer and silkscreen ink on canvas 196.2 by 272.4 cm | 77¼ by 107¼ in Estimate $6/8 Million

Taxi, 45th/Broadway brilliantly embodies the dynamic union of two of the 20th century’s most formidable artistic geniuses. Each a highly-influential figure in his own right, Basquiat and Warhol began collaborating together in the mid-1980s, in preparation for a joint exhibition at Tony Shafrazi Gallery in New York in 1985. These collaboration paintings represent Basquiat’s only venture with another artist. From different generations and backgrounds, and indeed at different stages in their lives and careers, their mutual respect for each other’s style and aesthetic formed the basis of an intimate friendship.