My favorite artist at this point in my life has to be Jean Michel Basquiat...and while I was only alive for about a month or two when he died of a drug overdose at the age of 27 and never got to see the work as it came out, I do get to watch the market for his work skyrocket. Take a look at this article (a little dated as the piece in question just sold yesterday) which touches on the hot market and the above piece, just sold during Christie's record-breaking contemporary sale.
http://galleristny.com/2012/09/todays-catch-christies-nabs-20-m-basquiat-for-november-sale/
and an article about the record-breaking auction...
http://www.nytimes.com/2012/11/15/arts/design/record-breaking-prices-at-christies-auction.html?ref=arts
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