by Frances Allitt
Prices in the art world hit new highs in 2017.
In May, Jean-Michel Basquiat’s Untitled (1982) took $110.5m at Sotheby’s New York, a new record for an American artist at auction, closely followed by the confirmation of the sale of Roy Lichtenstein’s 1962 Masterpiece which took $165m as the result of a private sale.