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How much is Jackson Pollock No 5 worth?

How much is Jackson Pollock No 5 worth?

about $140 million
“No. 5, 1948,” a Jackson Pollock painting, has been sold for about $140 million, art experts with knowledge of the sale say. The art-world experts identified the buyer as David Martinez, the Mexican financier who bought a two-floor apartment in the south building of the Time Warner Center for $54.7 million recently.

Why did Jackson Pollock paint No 5 1948?

Painted during his “drip period,” Pollock was using new techniques to express emotions with colors and lines. Controversial but seen as desirable, the drip paintings caught the eye of new art collectors who were looking for the most modern thing available.

Where is No 5 by Jackson Pollock?

No. 5, 1948
Year 1948
Type Oil on fiberboard
Dimensions 2.4 m × 1.2 m (8 ft × 4 ft)
Location Private collection, New York

Who painted No 5 1948?

Jackson PollockNo. 5, 1948 / Artist

What makes a Jackson Pollock so expensive?

Prices in the art market, like any other, are partly determined by supply and demand. Pollock was not a prolific artist – he died at 44 – and his works rarely come up for sale.

What is the most expensive Jackson Pollock painting?

5, 1948”—$140 million. Jackson Pollock No. 5, 1948. The 2006 sale by record mogul David Geffen of this Abstract Expressionist work by American painter Jackson Pollock for $140 million made it the most expensive painting ever sold to date, according to a report in The New York Times from Nov.

Why is Jackson Pollock famous?

Jackson Pollock is best known for his action paintings and Abstract Expressionist works. For these pieces, many made during his “poured” period, Pollock dripped paint onto canvas to convey the emotion of movement. He explored themes including surrealist navigation of the unconscious and Jungian symbolism.

What is Jackson Pollock famous for?

Who painted painting No 5 1948?