Jean-Michel Basquiat
Logo
Estimate: 11.000.000 - 22.000.000 HKD
Price realised: 25.200.000 HKD
Price realised: 25.200.000 HKD
Description
Year: Executed in 1984
Media: acrylic, oilstick and silkscreen on canvas
Size: 152 x 122 cm. (59 3/4 x 48 in.)
Inscription: signed and dated 'JMB "LOGO"' (on the reverse)
Exhibited: France, Paris, Galerie Beaubourg, Jean-Michel Basquiat, Peintures 82-87, 9 January-16 February, 1988. USA, New York, Whitney Museum of Art, Jean-Michel Basquiat, 23 October, 1992-14 February, 1993. USA, Coral Gables, Quintana Galleries, Jean-Michel Basquiat, 17 December, 1996-21 February, 1997. Austria, Vienna, Kunst Haus Wien, Jean-Michel Basquiat, 11 February-2 May, 1999.
Literature: Jean-Michel Basquiat, La Différence, Paris, France, 1989 (illustrated, p. 109). Jean-Michel Basquiat, Whitney Museum of Art, New York, USA, 1993 (illustrated, p. 191). Jean-Michel Basquiat-Vol. II, Galerie Enrico Navarra, Paris, France, 1996 (illustrated, first edition, plate 7, p. 90). Jean-Michel Basquiat Vol. II, Galerie Enrico Navarra, Paris, France, 1996 (illustrated, second edition, plate 7, p. 122). Jean-Michel Basquiat, Quintana Gallery, Coral Gables, USA, 1996 (illustrated, pp. 30-31). Jean-Michel Basquiat, Kunst Haus Wien, Vienna, Austria, 1999 (illustrated, p. 72). Jean-Michel Basquiat Vol. II, Galerie Enrico Navarra, Paris, France, 2000 (illustrated, third edition, plate 4, p. 191).
Media: acrylic, oilstick and silkscreen on canvas
Size: 152 x 122 cm. (59 3/4 x 48 in.)
Inscription: signed and dated 'JMB "LOGO"' (on the reverse)
Exhibited: France, Paris, Galerie Beaubourg, Jean-Michel Basquiat, Peintures 82-87, 9 January-16 February, 1988. USA, New York, Whitney Museum of Art, Jean-Michel Basquiat, 23 October, 1992-14 February, 1993. USA, Coral Gables, Quintana Galleries, Jean-Michel Basquiat, 17 December, 1996-21 February, 1997. Austria, Vienna, Kunst Haus Wien, Jean-Michel Basquiat, 11 February-2 May, 1999.
Literature: Jean-Michel Basquiat, La Différence, Paris, France, 1989 (illustrated, p. 109). Jean-Michel Basquiat, Whitney Museum of Art, New York, USA, 1993 (illustrated, p. 191). Jean-Michel Basquiat-Vol. II, Galerie Enrico Navarra, Paris, France, 1996 (illustrated, first edition, plate 7, p. 90). Jean-Michel Basquiat Vol. II, Galerie Enrico Navarra, Paris, France, 1996 (illustrated, second edition, plate 7, p. 122). Jean-Michel Basquiat, Quintana Gallery, Coral Gables, USA, 1996 (illustrated, pp. 30-31). Jean-Michel Basquiat, Kunst Haus Wien, Vienna, Austria, 1999 (illustrated, p. 72). Jean-Michel Basquiat Vol. II, Galerie Enrico Navarra, Paris, France, 2000 (illustrated, third edition, plate 4, p. 191).
Upper estimated price slightly exceeded
The work Logo by Jean-Michel Basquiat was sold in the Modern and Contemporary Art Evening Sale auction at POLY in Hong Kong in July last year. Here, the upper estimate of HKD 22,000,000.00 was slightly exceeded - the artwork found a new owner for HKD 25,200,000.00 (€ 3,144,442.27). Of course, this price has nothing to do with the top prices that other works by Jean-Michel Basquiat achieve. The highest price we have observed so far was reached by the work without title in May 2017 with an auction result of USD 110,487,500.00 (€ 98,333,481.67).
Oberer Schätzpreis leicht übertroffen
Die Arbeit Logo von Jean-Michel Basquiat wurde im Juli letzten Jahres in der Auktion Modern and Contemporary Art Evening Sale bei POLY in Hong Kong versteigert. Dabei wurde der obere Schätzpreis von HKD 22.000.000,00 leicht übertroffen – das Kunstwerk fand für HKD 25.200.000,00 (€ 3.144.442,27) einen neuen Besitzer. Dieser Preis hat freilich nichts mit den Spitzenpreisen zu tun, die andere Arbeiten von Jean-Michel Basquiat erzielen. Den höchsten von uns bisher beobachteten Preis erreichte die Arbeit ohne Titel im Mai 2017 mit einem Auktionsergebnis von USD 110.487.500,00 (€ 98.333.481,67).