{"id":12619,"date":"2014-03-22T10:18:24","date_gmt":"2014-03-22T10:18:24","guid":{"rendered":"https:\/\/rehs.com\/blog\/?p=12619"},"modified":"2024-03-12T01:39:42","modified_gmt":"2024-03-12T05:39:42","slug":"pollocks-elegant-lady-for-sale-as-eon-raids-art-hoard","status":"publish","type":"post","link":"https:\/\/rehs.com\/eng\/2014\/03\/pollocks-elegant-lady-for-sale-as-eon-raids-art-hoard\/","title":{"rendered":"Pollock\u2019s \u2018Elegant Lady\u2019 for Sale as EON Raids Art Hoard"},"content":{"rendered":"<p><a href=\"http:\/\/www.bloomberg.com\/news\/2014-03-21\/pollock-s-elegant-lady-for-sale-as-eon-raids-art-hoard.html\">Pollock\u2019s \u2018Elegant Lady\u2019 for Sale as EON Raids Art Hoard<\/a>\u00a0&#8211; in order to continue funding their art and cultural spending Germany&#8217;s biggest utility company, EON, is selling their most valuable work of art &#8230; Jackson Pollock&#8217;s <em>Number 5 (Elegant Lady)<\/em>.<\/p>\n<p>&nbsp;<\/p>\n<p>In 1954 Pollock swapped the piece with art dealer Martha Jackson for an Oldsmobile convertible (the car in which he had a fatal crash in on August 11, 1956). \u00a0In the 1970s the work was in the possession of Knoedler Gallery and eventually sold to the German art dealer Alfred Schmela. \u00a0Veba AG (EON&#8217;s predecessor) purchased the work from Schmela in 1980 for $500,000. \u00a0Today the piece is expected to bring between $15 &#8211; $20 million.<\/p>\n<p>&nbsp;<\/p>\n<div style=\"width: 244px\" class=\"wp-caption alignleft\"><a href=\"http:\/\/www.bloomberg.com\/news\/2014-03-21\/pollock-s-elegant-lady-for-sale-as-eon-raids-art-hoard.html\"><img decoding=\"async\" class=\" \" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2014\/03\/i.vp7z9BFB4Q.jpg\" alt=\"i\" width=\"234\" height=\"240\" \/><\/a><p class=\"wp-caption-text\">Jackson Pollock<br \/>&#8220;Number 5 (Elegant Lady)&#8221;<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Pollock\u2019s \u2018Elegant Lady\u2019 for Sale as EON Raids Art Hoard\u00a0&#8211; in order to continue funding their art and cultural spending Germany&#8217;s biggest utility company, EON, is selling their most valuable work of art &#8230; Jackson Pollock&#8217;s Number 5 (Elegant Lady). &hellip; <a href=\"https:\/\/rehs.com\/eng\/2014\/03\/pollocks-elegant-lady-for-sale-as-eon-raids-art-hoard\/?contemporary=N\">More&#8230;<\/a><\/p>\n","protected":false},"author":21,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[9],"class_list":["post-12619","post","type-post","status-publish","format-standard","hentry","category-rehs-galleries","tag-rehs-galleries-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Pollock\u2019s \u2018elegant Lady\u2019 For Sale As Eon Raids Art Hoard<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rehs.com\/eng\/2014\/03\/pollocks-elegant-lady-for-sale-as-eon-raids-art-hoard\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pollock\u2019s \u2018Elegant Lady\u2019 for Sale as EON Raids Art Hoard\" \/>\n<meta property=\"og:description\" content=\"Pollock\u2019s \u2018Elegant Lady\u2019 for Sale as EON Raids Art Hoard\u00a0&#8211; in order to continue funding their art and cultural spending Germany&#8217;s biggest utility company, EON, is selling their most valuable work of art &#8230; Jackson Pollock&#8217;s Number 5 (Elegant Lady). &hellip; More...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/rehs.com\/eng\/2014\/03\/pollocks-elegant-lady-for-sale-as-eon-raids-art-hoard\/\" \/>\n<meta property=\"og:site_name\" content=\"Rehs Galleries\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/RehsGalleriesInc\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/howard.rehs\" \/>\n<meta property=\"article:published_time\" content=\"2014-03-22T10:18:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-12T05:39:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2014\/03\/i.vp7z9BFB4Q.jpg\" \/>\n<meta name=\"author\" content=\"Howard L. 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