{"id":31944,"date":"2025-04-19T03:54:10","date_gmt":"2025-04-19T03:54:10","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/31944\/"},"modified":"2025-04-19T03:54:10","modified_gmt":"2025-04-19T03:54:10","slug":"basquiats-family-portrait-painting-could-bring-30m-at-christies-auction-the-art-newspaper","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/31944\/","title":{"rendered":"Basquiat&#8217;s family portrait painting could bring $30m at Christie&#8217;s auction &#8211; The Art Newspaper"},"content":{"rendered":"<p class=\"pt-dp-p font-text-light font-light text-lg leading-normal tracking-wide mb-base last:mb-0\" itemprop=\"text\">A stylised family portrait painting by <a class=\"transition-all duration-default shadow-internalLink hover:text-red-900\" href=\"https:\/\/www.theartnewspaper.com\/keywords\/jean-michel-basquiat\" target=\"_blank\" rel=\"noopener\">Jean-Michel Basquiat<\/a> will lead Christie\u2019s 21st century evening sale this May, the auction house revealed on Friday. Baby Boom was painted in 1982, considered the most important year of Basquiat\u2019s career. Work from <a class=\"transition-all duration-default shadow-internalLink hover:text-red-900\" href=\"https:\/\/www.theartnewspaper.com\/2017\/10\/04\/the-market-boom-for-basquiat\" target=\"_blank\" rel=\"noopener\">1982<\/a> often fetches higher prices: seven of his ten most valuable works at auction were executed during this year, Christie\u2019s notes. The auction house estimates Baby Boom will sell for between $20m and $30m.<\/p>\n<p class=\"pt-dp-p font-text-light font-light text-lg leading-normal tracking-wide mb-base last:mb-0\" itemprop=\"text\">Baby Boom was first shown at Basquiat\u2019s famous solo exhibition at Fun Gallery in November 1982. The title references the rise in birthrates that occurred at the end of the Second World War, and the work is believed to depict Basquiat with his parents, Gerard and Matilda. The canvas is stretched on a wooden frame with exposed bars and has been included in some of the most important Basquiat shows of the past two decades, including retrospectives at the <a class=\"transition-colors duration-default shadow-externalLink hover:text-blue-900\" href=\"https:\/\/www.brooklynmuseum.org\/exhibitions\/basquiat\" target=\"_blank\" rel=\"noopener\">Brooklyn Museum in 2005<\/a>, the <a class=\"transition-all duration-default shadow-internalLink hover:text-red-900\" href=\"https:\/\/www.theartnewspaper.com\/2010\/06\/01\/basquiat-his-market-and-his-legacy\" target=\"_blank\" rel=\"noopener\">Fondation Beyeler in 2010<\/a> and the <a class=\"transition-all duration-default shadow-internalLink hover:text-red-900\" href=\"https:\/\/www.theartnewspaper.com\/2017\/12\/25\/basquiat-blockbuster-and-schiele-show-lined-up-for-fondation-louis-vuitton-next-autumn\" target=\"_blank\" rel=\"noopener\">Fondation Louis Vuitton in 2018-19<\/a>.<\/p>\n<p class=\"pt-dp-p font-text-light font-light text-lg leading-normal tracking-wide mb-base last:mb-0\" itemprop=\"text\">The painting was previously owned by the publishing magnate and prolific Basquiat collector Peter Brant, who paid <a class=\"transition-colors duration-default shadow-externalLink hover:text-blue-900\" href=\"https:\/\/www.artnet.com\/magazine\/news\/robinson\/robinson5-15-01.asp\" target=\"_blank\" rel=\"noopener\">$1m<\/a> for it at a Phillips de Pury &amp; Luxembourg auction in 2001, according to the Artnet Price Database. It was later up for sale at Levy Gorvy\u2019s 2017 <a class=\"transition-colors duration-default shadow-externalLink hover:text-blue-900\" href=\"https:\/\/www.artnews.com\/art-news\/market\/at-art-basel-galleries-bet-big-on-booming-basquiat-market-as-sales-flow-during-vip-preview-8524\/\" target=\"_blank\" rel=\"noopener\">Art Basel stand<\/a>, priced at $30m. In 2019, it was featured prominently in a <a class=\"transition-colors duration-default shadow-externalLink hover:text-blue-900\" href=\"https:\/\/www.brantfoundation.org\/exhibitions\/jean-michel-basquiat-exhibition\/\" target=\"_blank\" rel=\"noopener\">blockbuster Basquiat exhibition<\/a> at Brant&#8217;s foundation in Manhattan.<\/p>\n<p class=\"pt-dp-p font-text-light font-light text-lg leading-normal tracking-wide mb-base last:mb-0\" itemprop=\"text\">During the spring marquee auctions next month, Christie\u2019s will also offer <a class=\"transition-all duration-default shadow-internalLink hover:text-red-900\" href=\"https:\/\/www.theartnewspaper.com\/2025\/04\/16\/monet-riverscape-could-splash-down-for-more-than-30m-during-new-york-auctions\" target=\"_blank\" rel=\"noopener\">Claude Monet\u2019s riverscape<\/a> Peupliers au bord de l\u2019Epte, cr\u00e9puscule (1891), estimated to sell for as much as $50m. Sotheby\u2019s will sell 15 works worth more than $30m from New York art dealer <a class=\"transition-all duration-default shadow-internalLink hover:text-red-900\" href=\"https:\/\/www.theartnewspaper.com\/2025\/04\/14\/dealer-daniella-luxembourg-sell-30-million-dollars-art-personal-collection-auction\" target=\"_blank\" rel=\"noopener\">Daniella Luxembourg<\/a>\u2019s personal collection.<\/p>\n","protected":false},"excerpt":{"rendered":"A stylised family portrait painting by Jean-Michel Basquiat will lead Christie\u2019s 21st century evening sale this May, the&hellip;\n","protected":false},"author":2,"featured_media":31945,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3939],"tags":[9929,4021,4020,18846,4022,77,18845,16,15],"class_list":{"0":"post-31944","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-arts-and-design","8":"tag-art-market","9":"tag-arts","10":"tag-arts-and-design","11":"tag-christies","12":"tag-design","13":"tag-entertainment","14":"tag-jean-michel-basquiat","15":"tag-uk","16":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114362611541608802","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/31944","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=31944"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/31944\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/31945"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=31944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=31944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=31944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}