The Everson Museum of Art in Syracuse New York will deaccession a 1946 Jackson Pollock painting titled Red Composition in an effort to diversify its collection. The museum has consigned the work to Christie’s, which will sell the painting in the first evening sale staged by its newly merged modern and contemporary department on October 6. The work is valued at an estimated $12 million–$18 million.
At 19¼ inches by 23¼ inches, Red Composition features the Abstract Expressionist’s signature drip technique, and was painted just after Pollock completed his formative “Sounds in Grass,” series another example of which resides in the Solomon R. Guggenheim collection. First acquired by dealer-collector Peggy Guggenheim, the work changed hands several times, going next to James Ernst, the son of Surrealist painter Max Ernst and Guggenheim’s ex-husband, in 1947. From there the work resided in the collection of Syracuse-based collectors Marshall and Dorothy Reisman, who then gifted it to the Everson Museum in 1991.
“The last painting the artist completed in 1946, Red Composition is an exceedingly rare opportunity to acquire a museum quality work by Pollock that marks the breakthrough of his fabled ‘drip’ technique,” said Barrett White, Christie’s Executive Deputy Chairman, in a statement.Continue Reading