No. 5, 1948 is a painting by Jackson Pollock (January 28, 1912 – August 11, 1956), an American painter known for his contributions to the abstract expressionist movement. The painting was done on an 8' x 4' sheet of fiberboard, with thick amounts of brown and yellow paint drizzled on top of it, forming a nest-like appearance. It was originally owned by Samuel Irving Newhouse and displayed at the Museum of Modern Art before being sold to David Gef...
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No. 5, 1948 is a painting by Jackson Pollock (January 28, 1912 – August 11, 1956), an American painter known for his contributions to the abstract expressionist movement. The painting was done on an 8' x 4' sheet of fiberboard, with thick amounts of brown and yellow paint drizzled on top of it, forming a nest-like appearance. It was originally owned by Samuel Irving Newhouse and displayed at the Museum of Modern Art before being sold to David Geffen and then allegedly to David Martinez in 2006.
According to a report in The New York Times, on November 2, 2006, the painting was sold by David Geffen, founder of Geffen Records and co-founder of Dreamworks SKG, to David Martinez, managing partner of Fintech Advisory Ltd, in a private sale for a record inflation-adjusted price of $140 million. The sale was reportedly brokered by Sotheby’s auctioneer Tobias Meyer, however, Shearman & Sterling, LLP issued a press release on behalf of its client, David Martinez, to announce that contrary to...
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