Basquiat Sells For Record In-App Price of $10.8 Million on Loïc Gouzer's Fair Warning

  • August 02, 2020 15:23

  • Email
An untitled acrylic and oil stick on paper by Jean Michel Basquiat (1982)
Fair Warning via New York Times

Jean-Michel Basquiat's 1982 Untitled brought $10.8 million on Loïc Gouzer's new Fair Warning app last Thursday. The price is a world record for an in-app purchase.

The oil stick on paper was estimated to sell for between $8 million to $12 million. According to the New York Times, the work had a guarantee near its low estimate.

Former Christie’s co-chairman Gouzer, known for hammering down that $450.3 million Salvator Mundi painting, debuted Fair Warning this summer. Started up during the pandemic shutdowns, the auction app offers a single piece of art each week to a select list of collectors.

Read more at High Snobiety


  • Email

More News Feed Headlines

Alison Saar, Rouse, 2012.  Wood, bronze, fiberglass, antler sheds.  90 × 76 × 73 in.  (228.6 × 193 × 185.4 cm).  Courtesy of the artist and L.A.  Louver

An Embodied Dialogue Between the Earthly and the Spiritual, The Work of Alison Saar Is Shown Together In Major Survey

  • ArtfixDaily / June 21st, 2021

“A lot of my life has been a balancing act between anger and a kind of serenity, and that’s also reflected in my ...

Read More...
Alice Ruggles Sohier, Musing, 1914.  Oil on canvas.  Private collection.

'Twilight of American Impressionism' Exhibition Explores the Work of Boston School Artists Alice Ruggles Sohier and Frederick A. Bosley

  • ArtfixDaily / June 21st, 2021

At the Discover Portsmouth Welcome Center (Portsmouth Historical Society) in New Hampshire this summer is a special ...

Read More...
Lot 94: GEORGE HALLOWELL (1871-1926) "Grand Pitch" oil on canvas 28 3/4 x 36 inches.

Important Fine Art Auction to be held on Boston’s North Shore

  • ArtfixDaily / June 18th, 2021

On Saturday, June 26th at 11:00 am (ET), John McInnis Auctioneers, LLC will present its June Important Fine Art ...

Read More...
The exhibit includes the painting “The Birches,” 1940, by Luigi Lucioni.  Image courtesy The Collection of Lyman Orton and the Vermont Country Store

Take a Trip to 'Robert Frost, At Present in Vermont' at Bennington Museum

  • ArtfixDaily / June 20th, 2021

Robert Frost’s life and work as a poet and farmer in Vermont are illustrated with an exhibition at Bennington ...

Read More...

ARTFIXdaily Artwire