The Small Diamond Demuth Five is the smallest of Indiana’s paintings inspired by Charles Demuth’s painting I Saw the Figure 5 in Gold (1928), a symbolic portrait of the poet Williams Carlos Williams. Other works in the series, all from 1963, are The Figure 5, The Demuth Five, The Demuth American Dream No. 5, and The X-5.
The work was first exhibited in 1963 in An American Viewpoint, at the Contemporary Arts Center in Cincinnati, and was also included in the Guggenheim’s 1965 Word and Image show, and the Museum of Modern Art, New York’s 1966 Art in the Mirror show, curated by the art critic Gene R. Swenson.