A 1983 painting by Haitian-American artist Jean-Michel Basquiat reached $93.1 million on Tuesday at a Christie’s auction in New York, nearly twice its estimated price. A ten-minute bidding battle between three phone bidders for “In This Case” began at $40 million, escalated quickly to $50 million (its estimate) and hammered at $81 million, a total of $93.1 million with fees and commissions. The piece was reportedly consigned by Giancarlo Giammetti, fashion designer and cofounder of .