Woman buys valuable painting...at Goodwill

[BOP]

Woman Buys Valuable Painting at Goodwill for $9.99

When North Carolina resident Beth Feeback bought a painting for $9.99 at a Goodwill store, she had no idea she’d just scored a valuable work of art. Turns out, the painting was by a notable New York-based abstract artist and was worth in the range of $20,000.

According to Feeback, the painting was one of two that she purchased for under ten bucks each. Initially, she wasn’t impressed with the works of art and meant to paint over them. Feeback is an artist herself who specializes in — get this — pet portraits.

“I didn’t like them as paintings,” she said. “They were really ’70s kind of looking, but not ’70s in that fun, kitschy way…’70s in a different way that I don’t really enjoy. So I was like, ‘I’m going to paint big cat heads or whatever.’”

Eventually, Feeback discovered that one of the paintings was a work called “Vertical Diamond” by 20th century artist Ilya Bolotowsky and was worth a significant amount of money. The painting will go up for auction in September.

Feeback has been unemployed since 2008 and said the pricey painting is a godsend. “I have some medical issues and my unemployment ran out a long time ago. We have been dipping into our savings. I don’t know if this is a miracle, but it’s a pretty lucky find,” she said.

Wait until she gets the tax bill. The auction will take 30 percent, the gov't will take about the same, Goodwill will sue her, and in the end, she'll probably owe money on the thing.

Oh, and that's assuming the previous owner and/or his/her estate doesn't get involved.

[letmetellyou]

Originally Posted by BOP

Wait until she gets the tax bill. The auction will take 30 percent, the gov't will take about the same, Goodwill will sue her, and in the end, she'll probably owe money on the thing.

Oh, and that's assuming the previous owner and/or his/her estate doesn't get involved.

Your life must really suck. You views on most issues are pessimistic. It seems like you get joy out of nothing except being negative.

[huntr1]

Article in the news today. Woman bought a box of odds and ends at a WVa flea market in 2010. In the box was a painting she assumed was a fake. It wasn't. Renoir. Projected selling price? $100,000. Purchase price for box of stuff? $7.00.

[BOP]

Originally Posted by letmetellyou

Your life must really suck. You views on most issues are pessimistic. It seems like you get joy out of nothing except being negative.

Murphy's law: whatever can go wrong, probably will, at the worst possible time.


If it doesn't, that's a pleasant surprise.