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 
en de

Auction result well in line with expectations

The work Donut Revenge  by Jean-Michel Basquiat was sold in the 20th/21st Century Art Evening Sale auction at Christies in Hong Kong in December 2021. The price achieved of HKD 163,300,000.00 (€ 18,497,137.30) was within expectations - the estimate range had previously been set by the auction house as HKD 140,000,000.00 – 190,000,000.00. 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 110,487,500.00 (€ 98,333,481.67).

Auktionsergebnis im Rahmen der Erwartungen

Die Arbeit Donut Revenge  von Jean-Michel Basquiat wurde im Dezember 2021 in der Auktion 20th/21st Century Art Evening Sale bei Christies in Hong Kong versteigert. Der dabei erzielte Preis von HKD 163.300.000,00 (€ 18.497.137,30) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit HKD 140.000.000,00 – 190.000.000,00 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 die Arbeit ohne Titel im Mai 2017 mit einem Auktionsergebnis von USD 110.487.500,00 (€ 98.333.481,67).

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