Jean-Michel Basquiat, Dustheads, 1982, acrylic, oilstick, spray enamel and metallic paint on canvas, 72” x 84”, Photo by glouglou2fois via Flickr, Creative Commons ShareAlike 2.0 Generic License. Jean-Michel Basquiat, Dustheads, 1982, acrylic, oilstick, spray enamel and metallic paint on canvas, 72” x 84”, Photo by glouglou2fois via Flickr, Creative Commons ShareAlike 2.0 Generic License.

Record-Shattering Art Auction at Christie’s Brings in $495 Million

On May 15th, Christie’s held the biggest art auction in history at which collectors spent a record-breaking $495 million for canvases by Jean-Michel Basquiat, Jackson Pollock, and Roy Lichtenstein among others.

One of the snarky writers at Gawker.com, Maggie Lange, has decided the only possible reason for such high prices must be that the paintings actually are made of money and jewels.  For a fun read, click here.

 

 

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