Friday, July 27, 2012

Woman Buys $10 Painting, Discovers It's Worth $20k



When North Carolina artist Beth Feeback rushed into her local thrift store, she had no idea she would be walking out with a treasure. She had gone in to get a sweater to keep away the chill of a rainy afternoon, but while there she noticed two paintings for $10 each. The abstract artwork wasn't quite her style but she purchased them anyway in hopes of painting over them.

That repaint fortunately never happened because Beth discovered later that one of those paintings was a work called Vertical Diamond by 20th century artist Ilya Bolotowsky. The painting is valued at $20,000. Beth plans to sell the painting at auction and she is greatful for the turn in her luck. She has been unemployeed since 2008 and her unemployment money had long since stopped coming in. Beth had been getting by with dipping into her savings and selling her art, pet portraits, at local craft fairs. The money she will get from the painting will help her get back on her feet.

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