FOUND - Pollock Painting May Fetch $15 Million
Discovered in garage... saved from dumpster
The Jackson Pollock painting (pictured) was found in a garage.
June 9, 2017
By James Massey, What Sells Best News
SUN CITY, ARIZONA (VIDEO) – A Jackson Pollock painting narrowly escaped a dumpster when it was found in a garage. Now, it may fetch $15 million in an upcoming auction.
In a Good Morning Arizona interview, Josh Levine, owner of J. Levine's Auction and Appraisals, told how the painting was discovered after they were called on to appraise items for an estate.
Then it All Came-Together
They started researching the history of the painting. After learning the owner inherited the painting from Jennifer Gordon, his half-sister. Things started getting really interesting.
They learned, all the other paintings found in the garage were works by friends of Gorden. Artist she known on a first-name basis, who coincidentally ran in the same circles as Jackson Pollock.
Then, one of Gordon's friends was found. Barbara McKay, an Australian artist, remembered Gordon receiving an authentic Pollock. Which she confirmed through phone calls, emails and photographs.
In the end, Levine spent 18 months, and $50,000 on private investigators and forensic art scientist, to research and authenticate the painting for auction.
A Pollock can fetch Tens of Millions
Jackson Pollock paintings can ignite bidding wars ending with sky high prices, sometimes in the tens of millions. Here's a few examples:
- PHOTO - $140 Million for Jackson Pollock #5 by Sotheby's in a private sale in 2006.
- VIDEO - $58 Million for Jackson Pollock #19 at Christie's in May, 2013.
It's past sales results like these, that will have many watching this auction with great anticipation.
The Auction and How To Watch
The Pollock painting (22 ½ x 32 inches) found in the garage, was scheduled to be sold by J. Levine's Auction and Appraisal House on June 20, 2017. You can find a link to the auction here.
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