Pollock’s piece “No. 5, 1948" is a standard example of his drip-painting technique. Its notability comes from its monetary value. It was reportedly sold by recording mogul David Geffen for $140million, which would make it one of the most valuable individual paintings in existence. (However the supposed buyer denies having purchased it.)
Under the copyright laws in effect when it was created, “No. 5, 1948" would have entered the Public Domain at the end of 2004. Of course that only means it could be copied freely; the original piece of canvas and the snakes of paint on it would still be the sole property of whoever last purchased it.