U2 Art Might Fetch £5 million

A painting by Jean-Michael Basquiat, which belongs to U2, will be auctioned in London next month. The piece of art, Untitled (Pecho/Oreja), which was completed in 1983, is expected to raise over £5 million. The art could challenge the current record for a Basquiat painting, which stands at £7.4 million. According to the BBC, the painting was originally spotted by the bands bassist Adam Clayton at an art gallery in New York and has hung in a the band's studio ever since. Speaking about the piece, Oliver Barker, of Sotheby's Contemporary Art department, said that “it seems especially appropriate that a work of art by Basquiat should end up in a music studio, since so much has been said about the relationship between his art and music." Basquiat, who was originally a graffiti artist, died from a drug overdose in 1988