GITNUX MARKETDATA REPORT 2024

Statistics About The Most Expensive Jackson Pollock Painting

The most expensive Jackson Pollock painting sold at auction was "Number 17A" which fetched $200 million in 2015.

In this post, we explore the mesmerizing world of Jackson Pollock’s exceptional paintings and the astonishing prices they command in the art market. From the record-breaking sale of “No. 5, 1948” to the intriguing details of other notable transactions, we uncover the remarkable value and allure of Pollock’s abstract expressionist masterpieces. Join us as we delve into the captivating realm of high-stake art dealings and the undeniable impact of Pollock’s work on the art world.

Statistic 1

"The most expensive painting by Jackson Pollock, "No. 5, 1948", was sold for a whopping $140 million"

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Statistic 2

""No. 5, 1948" is the 6th most expensive painting ever sold."

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Statistic 3

"The sale of "No. 5, 1948" in 2006 broke the previous record for the highest price paid for a painting."

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Statistic 4

""No. 5, 1948" was sold by David Geffen, an entertainment mogul, to David Martinez, a financier."

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Statistic 5

"Despite its sale, "No. 5, 1948" is not displayed publicly."

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Statistic 6

"Pollock's second most expensive painting, "Number 17A", was sold for $200 million in a private sale."

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Statistic 7

"The sale of "Number 17A" occurred in 2015 and was then the 2nd most expensive painting ever sold."

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Statistic 8

""Number 17A" was purchased by American billionaire Kenneth C. Griffin."

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Statistic 9

"The sale of "No. 19, 1948" broke the previous record for a Pollock painting sold at auction."

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Statistic 10

"Pollock's "Number 4, 1951" achieved a sale price of $40.4 million at Christie's auction in 2012."

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Statistic 11

""Number 1, 1949", another one of Pollock's paintings, realized a price of $22.9 million at an auction in 2016."

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Statistic 12

"Pollock's paintings have seen a definite increase in their value over the past decade, with "No. 5, 1948"'s value increasing by over 100% from its sale price in 2006."

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Statistic 13

"On top of paintings, Pollock's smaller works have also fetched high prices, with "Number 16" being sold for $32.6 million."

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Statistic 14

"Records show that billionaire David Geffen previously sold another Pollock painting titled “No. 11, 1952” for $165 million to Steven A. Cohen, another billionaire."

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Statistic 15

"Jackson Pollock's highest ever estimated price at auction was $60 million for the sale of "No. 19, 1948". The actual sale price was lower than the estimate."

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Statistic 16

"The British artist Damien Hirst once held the record for highest price paid for a living artist's work, but was surpassed by Jackson Pollock's "No.5, 1948"."

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Statistic 17

"Prior to the sale of "No. 5, 1948", the most expensive Jackson Pollock painting sold publicly was "Blue Poles: Number 11, 1952" for $2 million."

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Statistic 18

"Pollock's "No.5, 1948" is in the category of abstract expressionism, which is the most expensive genre of American art as of 2021."

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The statistics surrounding the staggering prices of Jackson Pollock’s artworks, particularly the record-breaking sales of “No. 5, 1948” and “Number 17A”, highlight the immense value placed on these iconic pieces within the art market. The continuous increase in the auction prices of Pollock’s paintings over the past decade underscores the enduring appeal and investment potential of his abstract expressionist works. These high-value transactions not only reflect the appreciation for Pollock’s artistic legacy but also demonstrate the significant financial prowess and interest of prominent billionaires and financiers in owning these prized masterpieces.

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