Basquiat painting sells in New York for $93.1 million
The 1983 painting, which depicts a skull on a red background, sold for $81 million, but with fees and commissions the final price came to $93.1 million, well above the estimate of $50 million.
"In This Case" reprises two dominant themes in Basquiat's work, anatomy and representation of African-American characters.
In a sign of Basquiat's growing status in the art world, the same canvas was sold in November 2002 for just $999,500, barely more than a hundredth of the price paid on Tuesday.
With the exception of New York-based Basquiat, African American painters have long been undervalued by collectors and underrepresented in museums.
In recent years, the market has started a process of re-evaluating many of them. On Tuesday, Christie's had presented several Black artists as part of its big spring sale.
A Nina Chanel Abney work sold for $990,000, a Jordan Casteel went for $687,500 and a Rashid Johnson fetched $1.95 million.
A work by British artist Lynette Yiadom-Boakye was sold for $1.95 million and a piece by Ghanaian sculptor El Anatsui went under the hammer for $1.95 million, all of them setting new records.