Thursday, 22nd March 2012
In Events In Japan,
Pollock painting exhibited at Tokyo museum
A Jackson Pollock masterpiece worth an estimated $250 million (£158 million) is on display at the Tokyo National Museum of Modern Art after it was loaned to the museum by Iran.
Painted in 1950, the US artist's iconic 'Mural on Indian Red Ground' has been on display at the Tehran Museum of Contemporary Art since the 70s, but is now on loan to Japan.
It is on display alongside 70 other works by the legendary artist in retrospective exhibition of his work, the Japan Times reported.
It is considered to be one of the most valuable paintings in the world. Another of Pollock's paintings, 'No. 5, 1948', was sold in 2006 for around $140 million.
Following a lengthy process to secure insurance for the painting, a loan between the two prestigious museums was agreed.
The director of the Tehran institution, Mahmood Shalooei, said: "We trust Japan and think it would be good for relations between Iran and Japan," the news provider quoted.
"We would be willing to lend it to other countries if requested," he added.
The Jackson Pollock: A Centennial Retrospective runs until May 6th. This year marks Pollock's 100th birthday. He died in 1956 aged 44.
Written by Susan Ballion