By Juliette Halperin and Charlotte Burns. From artnet news. Posted on 9/20/18.
As recently as 1992, a proposed tour of the Whitney Museum of American Art’s Jean-Michel Basquiat retrospective was canceled when no other museums came forward to take it. Last spring, one of Basquiat’s paintings sold for $110.5 million, becoming the most expensive work by an American artist ever sold at auction.