"Jackson Pollock's Number 7A (1948) sold for $181.2 million at Christie's in New York, setting a new auction record for the giant of Abstract Expressionism. Pollock is now in an exclusive club of 13 artists whose auction prices have surpassed $100 million. It came from the collection of media magnate S.I. Newhouse, who died in 2017. The painting had been estimated at $100 million. Christie's heralded it as the last "drip" painting in private hands."
"Pollock (1912-56) was 36 years old when he created the piece, one of his first drip paintings, on the floor of a barn near East Hampton, New York. The narrow horizontal canvas-11-foot-wide and 3-foot-tall-is the most monumental work by the artist to ever appear at auction. Newhouse bought Number 7A privately from Sotheby's then-owner A. Alfred Taubman in 2000. The previous auction record for Pollock, set in 2021, was $61.2 million, according to Artnet data."
"The Pollock was part of a group of 16 works owned by Newhouse that were expected to total $450 million. Earlier in the auction, Constantin Brancusi's 1913 bronze sculpture, Danaïde (1913), went for $107.6 million at Christie's, a new auction record for the Romanian modernist. The pre-fee hammer price was $93 million. It is the second-highest price ever paid for a sculpture at auction."
"Estimated at more than $100 million, the iconic work was the fourth lot in an evening sale of 16 pieces from the collection of S.I. Newhouse, the powerful owner of Condé Nast, who died in 2017 at the age of 89. The trove, which was estimated to total $450 million, is the top collection of the season. The work has had only two owners. In 1914, Brancusi chose Danaïde for his first one-man show, at Alfred Stieglitz's Little Galleries of the Photo-Secession in New York."
Jackson Pollock’s Number 7A (1948) sold for $181.2 million at Christie's in New York, establishing a new auction record for the Abstract Expressionist painter. The work came from the collection of media magnate S.I. Newhouse, who died in 2017, and had been estimated at $100 million. Christie's described it as the last drip painting in private hands. Painted when Pollock was 36, it is one of his first drip works, created on the floor of a barn near East Hampton, New York. The 11-foot-wide, 3-foot-tall canvas is the most monumental Pollock work to appear at auction. Newhouse acquired it privately in 2000 from Sotheby’s then-owner A. Alfred Taubman. Earlier in the same sale, Constantin Brancusi’s Danaïde (1913) sold for $107.6 million, a record for the Romanian modernist and the second-highest auction price for a sculpture.
Read at Artnet News
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