BELOIT, Wis. - A painter who says he is a longtime admirer of Jackson Pollock submitted the winning $53,000 bid Wednesday evening for a painting possibly done by the famed abstract artist.
"I've been looking at them for 40 years. My gut tells me this is real," said Bill Kolb, 62, of Austin, Texas. After a buyer's fee and taxes, Kolb will have to pay $61,215, auction officials said.
Kolb said he does very large abstract paintings and has been heavily influenced by Pollock.
The 15-minute auction opened at $25,000, but dropped to $10,000 when no one bid and then to $5,000 before the bidding heated up. It soon developed into a contest between Kolb and a Florida woman …
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