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Arts & Entertainment

Metallica Drummer Rocks Suffering Auction Houses


By

Jen Carlson

Published Nov 13, 2008

Modified Nov 13, 2008


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By

Jen Carlson

Published Nov 13, 2008

Modified Nov 13, 2008


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1108basquiatulrich.jpgBoth Sotheby's and Christie's have been suffering lately, either not selling items at auction, or selling them for much less than anticipated. While not everyone is buying, there's plenty of folks selling--even outgoing Lehman Brothers boss Richard Fuld dropped off a collection at Christie's as part of "his own bailout plan." Not all of his pieces went for as much as he'd estimated, as has been the outcome for many sellers as of late. So who is lucking out on the auction block? None other than Metallica drummer Lars Ulrich. During these times of economic downturn, The NY Post reports that his 1982 Jean-Michel Basquiat, titled "Untitled (Boxer)" went for $13.5 million...about $1.5 million more than expected!

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auction

basquiat

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Lars Ulrich


Jen Carlson

Jen Carlson is a former WNYC and Gothamist editor.

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