Focus on Dustheads and analyze the History.
Dustheads depicts two drug addicts on angel dust as frenetic radiant characters immersed in black backdrop. The painting was previously in the collection of Tiqui Atencio, who purchased it from art dealer Tony Shafrazi in 1996.In May 2013, businessman Jho Low purchased it for $48.8 million at Christie's, which at the time was the record for most expensive Basquiat painting sold at auction. The record was surpassed by Untitled (1982), a depiction of a devil, for $57.3 million at a Christie's auction in 2016. The next year, Basquiat set a new record high with Untitled (1982), a depiction of a skull, for $110.5 million at Sotheby's.In 2016, Low sold Dustheads at a loss for $35 million amidst an investigation by federal authorities regarding assets allegedly bought with funds stolen from the 1Malaysia Development Berhad (1MDB) development fund.
Jho Low Christie's Sotheby's Tony Shafrazi 1Malaysia Development Berhad Untitled angel dust