Rock superstars U2 could make up to £6m when their painting “Untitled (Pecho/Oreja)” is auctioned in London this week .
The painting, which originally attracted the attention of band bassist Adam Clayton, will be auctioned at Sotheby’s.
Basquiat, originally a graffiti artist in New York, died from a suspected drug overdose in 1988.
The current auction record for a Basquiat work stands at $14.6m (£7.4m).
In 1996, director Julian Schnabel directed the film Basquiat, based on the artist’s life and starring Gary Oldman and David Bowie. Basquiat’s paintings continue to influence young artists.