After breaking auction records for the work of Jean-Michel Basquiat twice last year, Christie’s will look to set the bar even higher for the Brooklyn-born artist’s work.  Basquiat’s Dustheads will be offered at the auction house’s May 15th Contemporary Sale in New York, with an asking price of $25 to $35 million.  The artist’s current record is $26.4 million, and a buyer has reportedly already agreed to pay $25 million.  “Collectors used to be snobbish about Basquiat since he started out painting on the streets,” Says Christie’s specialist Loic Gouzer. “But now his myth just seems to be getting fresher and more relevant with younger collectors.”
Read more at The Wall Street Journal
