Graffiti-covered leather jacket signed by Jean-Michel Basquiat sells for $9,100 at auction

A leather jacket tagged by iconic artist Jean-Michel Basquiat and other legendary underground artists from the 1980s sold for $9,100 at a Manhattan auction yesterday.
The size 42 coat sold to an online bidder at Swann Auction Galleries, just under its pre-sale high estimate of $10,000.
The auction house confirmed that the supple white leather jacket was sold by the original owner, Rico Espinet, who managed Danceteria from 1981 to 1986 and now owns an art and design store in Brooklyn.


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