NEW YORK — Lars Ulrich, songwriter and drummer for the heavy-metal band Metallica, is selling a Jean-Michel Basquiat painting from his art collection that could set a new auction record for the artist, Christie’s said Friday.

“Untitled (Boxer)” was painted in 1982 by Basquiat, a graffiti artist who died of a drug overdose in 1988 when he was 27. It depicts a black heavyweight fighter with his arms thrust in the air against a graffiti-filled background.

Christie’s will offer the work Nov. 12 as part of its Post War and Contemporary Art sale. Its pre-sale estimate is more than $12 million.