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Konstantin
@kos
The work of Jean-Michel Basquiat is put up for auction with an estimate 1.5-2 times lower than two years ago Triptych "Portrait of the artist in the image of a young outcast" (1982) goes to auction Sotheby's with an estimate of $15-20 million. In 2022, the same work was exhibited at Christie's with an estimate of $ 30 million, but was withdrawn from the auction. A significant drop in price is an obvious sign of an art market correction. So collectors are very eager to buy Basquiat. But no longer for any money.
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1dolinski
@1dolinski
1488 $degen
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