Tuesday, October 14, 2008

`Boxer' Basquiat Up for Sale

Oct. 10 (Bloomberg) -- Lars Ulrich, the drummer for the heavy-metal band Metallica, is selling a nearly 8-foot wide Jean- Michel Basquiat portrait of a boxer at Christie's International in New York on Nov. 12.

Christie's said the 1982 painting is estimated to sell at about $12 million.

``Untitled (Boxer)'' was among the highlights of a 2005-2006 Basquiat retrospective that toured several museums, including the Brooklyn Museum.

Basquiat's fighter, with a black skeletal face topped with a white crown, raises his gloves in victory.

``It's a proxy self-portrait,'' said Brett Gorvy, Christie's international co-head of postwar and contemporary art. ``The black artist as defiant hero.''

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