Untitled, a 1982 painting by Jean-Michel Basquiat, on display at a media preview at Sotheby's in New York before its sale to a Japanese billionaire. Photo: AFP
David Dodwell
Opinion

Opinion

Inside Out by David Dodwell

In these straitened times, US$400 million for a Leonardo paints a picture of pure greed

Absurd prices are being paid for some of the world’s top paintings in a market that is opaque and open to all sorts of chicanery, while many around the world struggle to make ends meet

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Untitled, a 1982 painting by Jean-Michel Basquiat, on display at a media preview at Sotheby's in New York before its sale to a Japanese billionaire. Photo: AFP
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