3. No 5, 1948 (Jackson Pollock) - £109.1m ($163.3m)
No 5, 1948 is a painting by American abstract expressionist painter Jackson Pollock. Created on fibreboard using liquid paints, the painting has been changed a couple of times by the artist due to the fact it was damaged when bought in 1948 by Filipino-American painter Alfonso A Ossorio. Exchanging hands between Ossorio, US magazine magnate Samuel Irving Newhouse Jr and collector David Geffin over the next 58 years, the work was finally purchased through a private sale engineered by Sotheby's auction house. Supposedly bought by Mexican investor David Martínez, the work sold for the equivalent of $163.3million (£109.1million) in November 2006.
Chris Waugh
Contributor
NUFC editor for WhatCulture.com/NUFC. History graduate (University of Edinburgh) and NCTJ-trained journalist. I love sports, hopelessly following Newcastle United and Newcastle Falcons. My pastimes include watching and attending sports matches religiously, reading spy books and sampling ales.
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Chris