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A Titian for the National Gallery. The Director of the National Gallery, Sir Edward Poynter, acquired Titian's 'Man with a Quilted Sleeve' for the museum on August 14th, 1904. The painting cost Â£30,000, equivalent to around Â£2 million today, or say Â£2,400 per square inch. It was believed to be a portrait of Lodovico Ariosto, court poet of Ferrara and author of Orlando Furioso, who was an older contemporary of the painter.
Jean-Michel Basquiat's untitled painting of a skull is displayed behind an official with Sotheby's, which offered the media a preview earlier this month. On Thursday, the work sold for $110.5 million â the highest sum ever paid at auction for a work by a U.S. artist. Don Emmert/AFP/Getty Images Jean-Michel Basquiat joined joined the pantheon of great, great artists Thursday night, when the late painter's 1982 work Untitled sold for a record-breaking $110.5 million at auction â the highest sum ever paid at auction for a U.S.-produced artwork.