Untitled (Pollo Frito)

Untitled (Pollo Frito) is a painting created by American artist Jean-Michel Basquiat in 1982. The artwork was sold at Sotheby's for $25.7 million in November 2018.
History.
Jean-Michel Basquiat executed "Untitled (Pollo Frito)" in 1982, the year he fully gained legitimacy and recognition in the international art scene. He received his first American solo exhibition at the Annina Nosei Galley in New York, followed by the Larry Gagosian Gallery in Los Angeles and Bruno Bischofberger's gallery in Zurich. He also received an invitation to attend the "Documenta 7" exhibition in Kassel as the youngest artist to participate.
In 1982, Fay Gold, an art dealer from Atlanta, spotted "Untitled (Pollo Frito)" at the Annina Nosei Gallery during a trip to New York City. She had intended to by a diamond bracelet with the $5,000 her husband gave her for her birthday, instead she bought the painting. In 1985, Gold went to Basquiat's Great Jones Street studio and invited him to do a show at her gallery. He sold her a group of eleven drawings for $16,500 and later traveled to Atlanta for the opening at the Fay Gold Gallery in February 1986. 
In 2002, Gold she sold "Untitled (Pollo Frito)" for around $1 million. It sold for $25.7 million at Sotheby's Contemporary Art Evening Auction in November 2018.
Analysis.
The painting, which comprises two panels that together span 12 ft, is covered in "incendiary shades of orange, red, and yellow." Basquiat's key iconography are present, including a crown, repetitive words, and an expressionistic head. Drawn from the unfiltered grit of his environs in Lower Manhattan as the graffiti artist SAMO, Basquiat makes textual references like "BROKE GLASS" and "DANGER." Basquiat, who was of Puerto Rican heritage, often combined clever wordplay in English and Spanish in his artwork. On the left panel above the encircled word danger is "PELIGROSO," which translates to dangerous. The title "POLLO FRITO" (fried chicken), may refer to the racist stereotype about African Americans loving fried chicken. Fried chicken and broken glass, along with "ASBESTOS" is also a warning to the danger of capitalist consumption. The word "asbestos" appears in several Basquiat paintings like "Obnoxious Liberals" (1982) and "Per Capita" (1983). There is a connection between asbestos and certain types of cancer and in 1982, Johns-Manville Corporation filed for bankruptcy after facing liability for asbestos injury claims. At the time, it was the largest company ever to file bankruptcy, so by mentioning "asbestos" in his paintings, Basquiat is referencing corporate greed. 
Exhibitions.
"Untitled (Pollo Frito)" has been exhibited at major art institutions worldwide, which include: