Apparently, the painting "remained in the same private collection since it was bought at auction in 1984 for $19,000."
That's a smart investment.
At the Telegraph U.K., "Basquiat painting fetches record $110.5 million at New York auction."
Basquiat painting fetches record $110.5 million at New York auctionhttps://t.co/ga2IlIw717 pic.twitter.com/W93LhJmmAA
— The Telegraph (@Telegraph) May 19, 2017