Dustheads

{{Short description|1982 painting by Jean-Michel Basquiat}}

{{Infobox artwork

| title = Dustheads

| image = Basquiat-Dustheads-1982.jpg

| image_size = 300px

| artist = Jean-Michel Basquiat

| year = 1982

| medium = Acrylic, oilstick, spray enamel and metallic paint on canvas

| movement = Neo-expressionism

| height_imperial = 72

| length_imperial = 84

| museum = Private collection

| city =

}}

Dustheads is a 1982 painting created by American artist Jean-Michel Basquiat in 1982. In May 2013, it sold for $48.8 million at Christie's, which at the time was a record high for a Basquiat painting sold at auction.

History

Dustheads depicts two drug addicts on angel dust as frenetic radiant characters immersed in black backdrop.{{Cite news|last=Nag|first=Ashoke|date=April 11, 2013|title=Christie's Evening Auction to present a major painting by Jean-Michel Basquiat|work=The Economic Times|url=https://economictimes.indiatimes.com/christies-evening-auction-to-present-a-major-painting-by-jean-michel-basquiat/articleshow/19496301.cms?from=mdr|access-date=2020-09-26}} The painting was previously in the collection of Tiqui Atencio, who purchased it from art dealer Tony Shafrazi in 1996.{{Cite web|last=Davison|first=Will|date=May 16, 2013|title=Jean-Michel Basquiat's Dustheads breaks artist's record|url=https://www.paulfrasercollectibles.com/blogs/art-photography/jean-michel-basquiats-dustheads-breaks-artists-record|archive-url=|archive-date=|access-date=2020-09-26|website=Paul Fraser Collectibles}}

In May 2013, businessman Jho Low purchased it for $48.8 million at Christie's, which at the time was the record for most expensive Basquiat painting sold at auction.{{cite web|last=|first=|date=May 16, 2013|title=Basquiat Painting, 'Dustheads,' Fetches Record $48.8 Million At Christie's Auction In New York|url=http://www.huffingtonpost.com/2013/05/16/basquiat-painting-dustheads-fetches-record-graffiti-art-christies-auction_n_3284836.html|url-status=dead|archiveurl=https://web.archive.org/web/20130610020047/http://www.huffingtonpost.com/2013/05/16/basquiat-painting-dustheads-fetches-record-graffiti-art-christies-auction_n_3284836.html|archivedate=10 June 2013|accessdate=9 January 2014|website=Huffington Post|publisher=}} The record was surpassed by Untitled (1982), a depiction of a devil, for $57.3 million at a Christie's auction in 2016.{{Cite web|last=Martinez|first=Alanna|date=May 11, 2016|title=$57M Basquiat Breaks Auction Record at Christie's|url=https://observer.com/2016/05/57m-basquiat-breaks-auction-record-at-christies/|url-status=live|archive-url=https://web.archive.org/web/20160511183808/http://observer.com/2016/05/57m-basquiat-breaks-auction-record-at-christies/ |archive-date=2016-05-11 |access-date=2020-09-26|website=Observer|language=en-US}} The next year, Basquiat set a new record high with Untitled (1982), a depiction of a skull, for $110.5 million at Sotheby's.{{Cite web|last=Gotthardt|first=Alexxa|date=April 1, 2018|title=What Makes 1982 Basquiat's Most Valuable Year|url=https://www.artsy.net/article/artsy-editorial-1982-basquiats-valuable-year|url-status=live|archive-url=https://web.archive.org/web/20200525160138/https://www.artsy.net/article/artsy-editorial-1982-basquiats-valuable-year |archive-date=2020-05-25 |access-date=2020-09-26|website=Artsy|language=en}}

In 2016, Low sold Dustheads at a loss for $35 million amidst an investigation by federal authorities regarding assets allegedly bought with funds stolen from the 1Malaysia Development Berhad (1MDB) development fund.{{Cite web|last=|first=|date=May 20, 2016|title=Malaysian Investor Jho Low Sells Off Basquiat|url=https://news.artnet.com/market/jho-low-sells-art-amid-international-investigation-501479|url-status=live|archive-url=https://web.archive.org/web/20160521113928/https://news.artnet.com/market/jho-low-sells-art-amid-international-investigation-501479 |archive-date=2016-05-21 |access-date=2020-09-21|website=artnet News|language=en-US}}{{Cite web|date=2016-05-20|title=Jho Low Sells Dustheads for Another Loss|url=https://www.artmarketmonitor.com/2016/05/19/jho-low-sells-dustheads-for-another-loss/|access-date=2020-09-21|website=Art Market Monitor|language=en-US}}

See also

References

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