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Jean-Michel Basquiat - Donut Revenge 

Jean-Michel Basquiat

Donut Revenge 

Found at Christies, Hong Kong
20th/21st Century Art Evening Sale, Lot 53
1. Dec - 1. Dec 2021
Estimate: 140.000.000 - 190.000.000 HKD
Price realised: 163.300.000 HKD
Description
JEAN-MICHEL BASQUIAT (1960-1988) 
Donut Revenge 
signed, titled and dated '"DONUT REVENGE" Jean Michel Basquiat 1982' (on the reverse)
acrylic, oilsticks, and paper collage on canvas
243.2 x 182.2 cm. (95 3⁄4 x 71 3⁄4 in.)
Executed in 1982 
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Auction result well in line with expectations

In December last year Christies in Hong Kong held the auction 20th/21st Century Art Evening Sale, which included the work Donut Revenge  by Jean-Michel Basquiat. The price achieved of HKD 163,300,000 (€ 18,497,137) was within expectations - the estimate range had previously been given by the auction house as HKD 140,000,000 - 190,000,000. Admittedly, works by Jean-Michel Basquiat have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work without title in May 2017 with an auction result of USD 110,487,500 (€ 98,333,482).

Auktionsergebnis im Rahmen der Erwartungen

Im Dezember letzten Jahres führte Christies in Hong Kong die Auktion 20th/21st Century Art Evening Sale durch, in der auch die Arbeit Donut Revenge  von Jean-Michel Basquiat zur Versteigerung kam. Der dabei erzielte Preis von HKD 163.300.000 (€ 18.497.137) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 140.000.000 – 190.000.000 angegeben worden. Freilich wurden Arbeiten von Jean-Michel Basquiat auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen eine Arbeit ohne Titel im Mai 2017 mit einem Auktionsergebnis von USD 110.487.500 (€ 98.333.482).

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