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Basquiat Painting Fetches Record $48.8M

The graffiti artist set a new auction record at a sale of contemporary art

In Photos: Expensive Items

Basquiat Painting Sold
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Basquiat Painting Sold
A Jean-Michel Basquiat painting titled "Dustheads" set a new auction record for the graffiti artist at a sale of postwar and contemporary art in New York. Christie's says "Dustheads" sold for $48.8 million on May 15, 2013. Basquiat's "Untitled" held the previous record when it sold in November for $26.4 million. Christie's made $495 million in total, the highest at any art auction, said the AP. (Christie's/AP Photo)
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