Fbi logo font6/2/2023 If the paintings are conclusively deemed legitimate at the end of the ongoing investigation, assessments indicate the pieces would be collectively worth about $100 million. On July 27, 2021, the FBI’s Art Crime Team issued a subpoena to the Orlando Museum of Art (OMA), then in the process of organizing “Heroes & Monsters: Jean-Michel Basquiat,” regarding the potentially dubious authenticity of 25 works the museum intended to display. As the artist’s oeuvre is loaded with both cultural cache and commercial value, it was perhaps inevitable that someone would eventually be accused of cashing in on the hype with a series of fakes, which might be what has recently happened. From $85 million sales at auction to the use of his Equals Pi in a Tiffany ad, the commodification of the artist who epitomized downtown NYC cool is inescapable-sometimes to the chagrin of those who knew him during his all-too-brief life. The late Jean-Michel Basquiat has gone from a celebrated visionary to a sought-after brand.
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