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Race, Power, Money

Art Market News

Race, Power, Money

By Maddox Gallery

"I cross out words so you will see them more; the fact that they are obscured makes you want to read them.”

Earlier this month we installed three pieces by Jean-Michel Basquiat at our Westbourne Grove Gallery. Our Creative Director, Jay Rutland and Artistic Director, Maeve Doyle caught up to discuss his popularity in the market, his relationship with Andy Warhol and his activism.

Jean-Michel Basquiat was an American artist of Haitian and Puerto Rican descent. He first achieved fame as part of SAMO, an informal graffiti duo who wrote enigmatic epigrams in the cultural hotbed of the Lower East Side of Manhattan during the late 1970s, where rap, punk, and street art coalesced into early hip-hop music culture. By the 1980s, his neo-expressionist paintings were being exhibited in galleries and museums internationally.

Basquiat's art focused on dichotomies such as wealth versus poverty, integration versus segregation, and inner versus outer experience. He appropriated poetry, drawing, and painting, and married text and image, abstraction, figuration, and historical information mixed with contemporary critique. He used social commentary in his paintings as a tool for introspection and for identifying with his experiences in the black community of his time, as well as attacks on power structures and systems of racism. Basquiat's visual poetics were acutely political and direct in their criticism of colonialism and support for class struggle.

Basquiat Boxer Rebellion

Jean-Michel Basquiat, Boxer Rebellion, 2018

He died of a heroin overdose at his art studio at the age of 27.

On May 18, 2017, at a Sotheby's auction, a 1982 painting by Basquiat depicting a black skull with red and black rivulets set a new record high for any American artist at auction, selling for $110.5 million.

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