$40M Basquiat, 2500-Loaf 'Bread House' Among Highlights at Art Basel

  • September 21, 2021 12:15

  • Email
Art Basel in Basel 2021.
© Art Basel

An approximately 7 feet tall and 11 feet wide cross-bar diptych painted by Jean-Michel Basquiat in 1983 is a headliner at Art Basel in Switzerland this week.

Reportedly priced around $40M (USD), Hardware Store is offered at the fair by New York’s Van de Weghe gallery on behalf of an anonymous client.

The blockbuster work is hitting the market for the first time, according to Hypebeast, although it has been widely exhibited, including at the Whitney Museum of American Art in 1992-1993, in Paris at the Fondation Louis Vuitton in 2018-2019 and at Galerie Bruno Bischofberger in 2019. One side is painted yellow and the other blue with Basquiat's signature floating heads, skulls and the inscriptions "eel" and "estimated value."

“Hardware Store” (1983) by Jean-Michel Basquiat, courtesy of Van de Weghe Gallery

Postponed in-person since June 2020, Art Basel will open in the Swiss city from September 24 to 26, limited to masked visitors with proof of vaccination (among the requirements), or the fair can be browsed online.

Other highlights from the 272 galleries in the 2021 edition include Urs Fischer's 16.4-foot-high installation made with 2,500 loaves of bread, Untitled (Bread House) (2004-2006) presented by Jeffrey Deitch, reportedly offered for around $3 million.

Also, on view will be Carrie Mae Weems's powerful Repeating the Obvious (2019) presented by Jack Shainman Gallery and Galerie Barbara Thumm.

Braco Dimitrijević at Mayor Gallery in collaboration with M77, in Unlimited, Art Basel, 2021.
© Art Basel

A gold-leaf sculptural work by Lynda Benglis, along with a strong selection of Sean Scully, Matthew Wong, Joan Mitchell, Louise Bourgeois, Alice Neel and others will be offered by Cheim & Read.

Among the many very large-scale works to be offered at this year's edition, one vibrant example is Isabel Nolan's 115 by 212-inch hand-tufted wool work When the sky above will not be named (2021), from Kerlin Gallery.

Preview Art Basel online (public opening is Sept. 23).

Read more at Hypebeast


  • Email

More News Feed Headlines

Joseph Mallord William Turner (1775-1851) Sunset, 1830-5.

After 13 Years, ARTFIXdaily to Cease Daily News Service

  • ArtfixDaily / August 15th, 2022

ARTFIXdaily will end weekday e-newsletter service after 13 years of publishing art world press releases, events and ...

Read More...
Einar and Jamex de la Torre, Critical Mass, 2002 (Courtesy of the Cheech Marin Collection and Riverside Art Museum).

Inaugural Exhibition at The Cheech Highlights Groundbreaking Chicano Artists

  • ArtfixDaily / July 7th, 2022

One of the nation’s first permanent spaces dedicated to showcasing Chicano art and culture opened on June ...

Read More...
Jacob Lawrence,.  .  .  is life so dear or peace so sweet as to be purchased at the price of chains and slavery?—Patrick Henry,1775 , Panel 1, 1955, from Struggle: From the History of the American People, 1954–56, egg tempera on hardboard.  Collection of Harvey and Harvey-Ann Ross.  © 2022 The Jacob and Gwendolyn Knight Lawrence Foundation, Seattle / Artists Rights Society (ARS), New York.

Crystal Bridges Explores the U.S. Constitution Through Art in New Exhibition 'We the People: The Radical Notion of Democracy'

  • ArtfixDaily / July 7th, 2022

Original print of the U.S. Constitution headlines exhibition sponsored by Ken Griffin (who purchased it for $43.2 ...

Read More...
Salvador Dalí (1904–1989), Christ of St John of the Cross, 1951, oil on canvas © CSG CIC Glasgow Museums Collection

Dalí / El Greco Side-by-Side Exhibit Prompts: 'Are They Really Paintings of the Same Thing?'

  • ArtfixDaily / July 6th, 2022

From July 9 to December 4, 2022, The Auckland Project in the U.K. will unite two Spanish masterpieces from British ...

Read More...