Hannibal (1982 painting)

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Hannibal
Jean-michel-basquiat-hannibal-1982.jpg
ArtistJean-Michel Basquiat
MediumAcrylic, oilstick and paper collage on canvas mounted on tied wooden supports
MovementNeo-expressionism
Dimensions152.4 cm × 152.4 cm (60.0 in × 60.0 in)

Hannibal is a painting created by American artist Jean-Michel Basquiat in 1982. The artwork, which features his signature skull and crown motifs, was sold at Sotheby's for $13.1 million in October 2016.[1]

History[]

Jean-Michel Basquiat executed Hannibal in 1982, a breakout year in his meteoric career.[2] He had his first American one-man show at the Annina Nosei Gallery and he became the youngest artist to have ever participate in documenta in Kassel.[3] During this period, Basquiat began using roughly hewn canvas supports as seen with Hannibal. These stretchers were built by Basquiat's studio assistant, . Basquiat had initially hired Torton to be a bouncer at his loft party, but by the end of the night he offered him the job of building stretchers. Basquiat's instructions could not have been simpler: "Just use whatever materials are here." Therefore, Torton constructed stretchers and frames out of found materials such as carpet tacks, rope, canvas, and wooden moldings.[4]

In May 1993, Hannibal was sold at Christie's New York for $79,500.[5] It was purchased for $1 million in 2004 by a Panamanian company called Broadening-Info Enterprises.[6]

In 2007, Hannibal was smuggled into the U.S. from Brazil by Brazilian financier Edemar Cid Ferreira.[6] Ferreira, founder and former president of Banco Santos, owned the painting. He was convicted of bank fraud, tax evasion, and money laundering in 2006.[6] As part of the case, a São Paulo judge ordered a search, seizure, and confiscation of assets that were acquired with illegally obtained funds from Banco Santos.[5] In 2007, the painting was shipped from the Netherlands to storage facility in the Upper East Side neighborhood of Manhattan.[7][8] Invoices failed to comply with U.S. customs laws—the item was not identified and it was labeled to be worth $100.[5] After extensive litigation, the painting was returned to Brazil in 2015.[5]

Hannibal drew zero bids when it was up for auction at Sotheby's New York in November 2015, however, it sold for $13.1 million when it appeared for sale at Sotheby's London in October 2016.[9]

Exhibitions[]

The painting has been exhibited at the following art institutions:

  • Jean-Michel Basquiat: 1980-1988 at Quintana Gallery in Coral Gables, Florida, December 1996–February 1997.[10][11]
  • Jean-Michel Basquiat: Gemälde und Arbeiten auf Papier at KunstHausWien in Vienna, February–May 1999; Museum Würth in Künzelsau, September 2001–January 2002.[11]

See also[]

References[]

  1. ^ Freeman, Nate (October 7, 2016). "Sotheby's Contemporary Sale Nets $59.6 M., Beating High Estimate, With $13.1 M. Basquiat Leading the Way". ARTnews. Retrieved 2021-01-18.{{cite web}}: CS1 maint: url-status (link)
  2. ^ Gotthardt, Alexxa (April 1, 2018). "What Makes 1982 Basquiat's Most Valuable Year". Artsy. Retrieved 2021-01-18.{{cite web}}: CS1 maint: url-status (link)
  3. ^ "21 Facts About Jean-Michel Basquiat". Sotheby's. June 21, 2019.{{cite web}}: CS1 maint: url-status (link)
  4. ^ Hoban, Phoebe (1998). Basquiat: A Quick Killing in Art. New York : Viking. p. 101. ISBN 978-0-670-85477-6.
  5. ^ a b c d Kinsella, Eileen (June 19, 2015). "Bad Banker's $8 Million Basquiat Smuggled With Shipping Invoice for $100 Returns Home". artnet News. Retrieved 2021-01-18.{{cite web}}: CS1 maint: url-status (link)
  6. ^ a b c Cohen, Patricia (May 13, 2013). "Valuable as Art, but Priceless as a Tool to Launder Money". The New York Times. ISSN 0362-4331. Retrieved 2021-01-18.{{cite news}}: CS1 maint: url-status (link)
  7. ^ Van Gelder, Lawrence (February 15, 2008). "Missing Basquiat Painting Found". The New York Times. ISSN 0362-4331. Retrieved 2021-01-18.{{cite news}}: CS1 maint: url-status (link)
  8. ^ "Missing Basquiat Art Reappears in NYC". New York Daily News. February 15, 2008. Retrieved 2021-01-18.{{cite web}}: CS1 maint: url-status (link)
  9. ^ Kazakina, Katya (October 7, 2016). "Comeback Kid Basquiat's Canvas Boosts $229 Million U.K. Auctions". Bloomberg. Retrieved 2021-01-18.{{cite news}}: CS1 maint: url-status (link)
  10. ^ Cantor, Judy (January 2, 1997). "The Revisitation". Miami New Times. Retrieved 2021-01-18.{{cite web}}: CS1 maint: url-status (link)
  11. ^ a b "Jean-Michel Basquiat, Hannibal". Sotheby's.{{cite web}}: CS1 maint: url-status (link)
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