SOTHEBY'S NEW-YORK JEAN-MICHEL BASQUIAT VERSUS MEDICI 1982 ESTIMATE $35,000,000–50,000,000

An extraordinary work executed in 1982, when the artist was just 22 years old, Jean-Michel Basquiat’s Versus Medici will star in the Contemporary Art Evening Auction in New York on 12 May, where it will be offered with an estimate of $35–50 million. Versus Medici is among Basquiat’s most forceful visual challenges to the Western art establishment, in which the young artist boldly crowns himself successor to the artistic throne as established by the masters of the Italian Renaissance. The artwork has remained in the same distinguished private collection since 1990; it was previously in the collection of Stephane Janssen, an early champion of Basquiat who acquired it from Larry Gagosian on a visit to Basquiat’s studio in 1982. Versus Medici is an early, prime masterwork from the artist. Basquiat completed the work in 1982, the same year as the record-breaking Untitled, which sold at Sotheby’s in 2018 for $110.5 million, and shortly after his breakthrough inclusions in the Times Square Show in 1980 and New York New Wave at PS1 in 1981.

Property from a Distinguished Private Collection Jean-Michel Basquiat 1960-1988 Versus Medici signed, titled, and dated OCT. 1982 on the reverse acrylic, oilstick, and paper collage on three joined canvases 84 ¼ by 54 ¼ in. 214 by 137.8 cm. Estimate: 35,000,000 to 50,000,000 USD Contemporary Art Evening Auction SOTHEBY'S NEW YORK Live Auction: 12 May 2021 • 19:00 EDT • New York