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Will Iowa Send a $140 Million Jackson Pollock To The Auction Block?

Filed under: Art

Will Iowa's 2008 floods end up washing away on of the state's prized works of art? The Daily Iowan reports that legislators introduced a bill in the Iowa House Wednesday to compel the University of Iowa to sell its famous Jackson Pollock painting, Mural, and use the revenue for scholarship assistance. The painting hung in the UI Museum of Art but has been in Davenport and Chicago since the 2008 floods. Mural is considered to be one of the most important modern Ameircan paintings. In the 1940s the UI School of Art and Art History was one of the most innovative studio arts programs. Pollock patron and art dealer Peggy Guggenheim gave the Mural to the University in 1951. It is valued at $140 million.

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