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A $3 Art Investment Yields $190,000
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March 2012

An 81-year-old former antiques dealer bought a painting for $3 at a Goodwill store in South Carolina a year and a half ago. His daughter-in-law took it to the Antiques Roadshow, where it was appraised for $20,000 to $30,000. It just sold at auction for $190,000. The painting was Flemish and dated from about 1650. It shows that treasures are still to be found by those with experience, knowledge, and luck.

flemish 1650 still life painting

 

 

 

 

 

 

 

 

 

Photo: John McInnis Auctioneers

 

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  sarasattic  - Awesome find.   |03-14-2012 17:03:42  
What an awesome find that was. I noticed that goodwill and other thrift stores
are really trying to pick out the valuable items and selling them online.
Although they still miss some good items due to lack of knowledge. Thank You
Kovels for all your great information to help with the growth of my knowledge
base.
  pincurl1950  - awesome picture.   |03-14-2012 22:18:38  
That is amazing! It looks like it's in pristine condition.Was there a signature?
  lbdixon1940  - Flemish Painting found at Goodwill   |03-15-2012 07:08:37  
Just wonder if the person who bought the $3 painting and sold it for $190,000
gave any of his/her good fortune back to Goodwill?
  meddjay   |03-15-2012 20:21:18  
First of all I am surprised that they got the painting for $3 at Goodwill.
Goodwill has jacked the prices so high on most items it is ridiculous! I think
they have taken all the fun out of shopping at thrift stores by raising prices
so high. He must of gotten it on half price day or Senior day or something.
And believe me, had they known that was a valuable painting, they would have had
it in their glass case up front and had a even higher ridiculous price tag on
it! To lbdixon, I understand you have a good heart from the comment about
giving back to Goodwill, but BELIEVE me Goodwill is making out just fine without
him having to give anything back to Goodwill that he might have made of the
painting. I know because I used to be on their payroll at the corporate office.
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