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  • A POLLOCK AT CHRISTIE’S IN NEW YORK

    ackson Pollock (1912-1956) Number 5 (Elegant Lady), 1951  (c) 2014 Pollock-Krasner Foundation / Artists Rights Society (ARS), New York

    ackson Pollock (1912-1956) Number 5 (Elegant Lady), 1951 (c) 2014 Pollock-Krasner Foundation / Artists Rights Society (ARS), New York  UPDATE: THIS MADE $11,365,000

    A late Jackson Pollock work comes up at Christie’s in New York on May 13. Number 5 (Elegant Lady, 1951) from the E.ON art collection is estimated at $15 – 20 million. It has been in the E.ON art collection in 1980. The

    corporation known then as VEBA acquired the painting on the advice of the legendary art dealer Alfred Schmela (1918-1980). For the next twenty years it was in VEBA‘s
    headquarters in Düsseldorf. In 2001, after VEBA merged with VIAG to become E.ON and the work was exhibited at Museum Kunstpalast since then. E.ON – an i

    mportant patron of the arts for over 20 years – aims to raise funds to continue this and their commitment to Museum Kunstpalast in Düsseldorf, supported since 1998 in Germany‘s largest cultural public-private-partnership.

    The legendary New York art dealer Martha Jackson (1907-1969) presented it in the opening show of her new space at 32 East 69th Street in 1956. In 1954 she had traded this work with Pollock — along with another painting from the same period (Number 23, 1951/Frogman) currently in the collection of the Chrysler Museum of Art, Norfolk, Virginia – for her green 1950s Oldsmobile. This would have a tragic consequence two years later when Pollock crashed this car into a tree near his home on Long Island killing himself and Edith Metzger.

    Christie‘s holds the world auction record for a work by Jackson Pollock (1912-1956) with Number 19 (1948) which sold for $58,363,750 last May in New York.

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