Man Pays $5 for $50m Pollack Art

Teri Horton bought the paint-splattered canvas at a California junk shop for a joke. But the joke may be on the art world instead.

The retired lorry driver paid $5 for the drip painting in 1991, bartering the price down from $7. Now a fingerprint on the painting has raised the possibility that it is in fact a masterpiece by Jackson Pollock, the world’s priciest artist.

If it is accepted as authentic, the picture would be worth $40 million to $50 million (up to £26.2 million). Last month Pollock, who died in a car crash in 1956 aged 44, was reported to have set a world record price of $140 million for No 5, 1948.

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