You can’t watch the popular PBS television show "Antiques Roadshow" and not fantasize about finding a million-dollar painting hiding in your junk in the attic. This crazy dream came true for a woman who received an oil painting as a housewarming gift 40 years ago that turned out to be worth $500,000.
The amazing treasure will be featured on the first episode of the show’s 12th season to air in January 2009. That’s the value the show’s appraisers put on a Clyfford Still painting hanging on the woman’s wall since the 1960s.
"Clearly, the woman who brought this to us knew she had something special," said executive producer Marcia Bemko. "She just didn’t know how special it was."
The $500,000 price tag makes the painting the most valuable item appraised in the show’s history. And the painting will likely sell for much higher on the open market. Another Clyfford Still painting recently sold at auction for $21 million.
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I had an experience like this with a woman in Antioch, Ca.
She consign a painting by Eduard Gaertner, German Street Scene 1831
My company did the research and sold it at one of the local auction houses for $240,000.00.
Not bad for a small painting.
Martin
Comment by DIY Estate Sales — November 24, 2008 @ 11:39 pm