Metallica Drummer to Auction $12 Million Basquiat
Metallica drummer Lars Ulrich is selling a massive 8-ft. wide Jean-Michel Basquiat painting at Christie's in New York on Nov. 12, where it's expected to fetch about $12 million. Untitled (Boxer) (above), painted in 1982, is an important "proxy self-portrait,'' Brett Gorvy, Christie's international co-head of postwar and contemporary art, tells Bloomberg. "The black artist as defiant hero.'" In 2002, Ulrich, a noted collector, sold Basquiat's 1982 Profit I at Christie's for $5.5 million. In July, Irish rock band U2 sold the artist's Untitled (Pecho/Oreja) for $10.1 million at Sotheby's in London. The auction record for a Basquiat work was set at Sotheby's in New York last year with the $14.6 million sale of 1981's Untitled.