No. 5, 1948

On inspection it was grey, brown, white and yellow paint drizzled in a way that many people still perceive as a "dense bird’s nest".

It was clear that Ossorio still liked the painting despite the rework, and continued to attest that the "original concept remained unmistakably present, but affirmed and fulfilled by a new complexity and depth of linear interplay.

The reconstruction had not only retained but reinforced the metaphysical concept of the painting, and has become what Ossorio calls "a wonderful example of an artist having a second chance".

According to a report in The New York Times on November 2, 2006, the painting was sold by David Geffen, founder of Geffen Records and co-founder of DreamWorks SKG, to David Martinez, managing partner of Fintech Advisory Ltd, in a private sale for a record inflation-adjusted price of $140 million.

The sale was reportedly brokered by Sotheby's auctioneer Tobias Meyer,[8] however, the law firm of Shearman & Sterling, LLP, issued a press release on behalf of its client, David Martinez, to announce that contrary to recent articles in the press, Martinez did not own the painting or any rights to acquire it.

[9] In addition to the refutation issued by Shearman & Sterling, the auction expert Josh Baer indicated that Martinez was not the buyer of the painting.

[10] The lyrics of The Stone Roses song "Going Down" include a reference to the painting: "(There) she looks like a painting - Jackson Pollock's Number 5..." The Stone Roses' guitarist John Squire created cover artwork for many of the band's releases on Silvertone Records in a style similar to that of Jackson Pollock.