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Discovery in Garage Worth $30 Million

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posted on Mar, 8 2013 @ 02:18 PM
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Imagine buying a house with a garage full of artwork, that may, or may not be worth anything, only to find out that you're $300,000 + $2500(for the art) investment just turned into $30,000,000. If only...


Sometimes it pays to buy the former house of an obscure Armenian-American artist, a lesson recently learned by lucky new home owners Thomas Schultz and Lawrence Joseph.


Well, it turns out their decision to buy Mr. Pinajian's art stash along with the house was a good one, as the collection has now been valued at a remarkable $30 million, according to the Wall Street Journal.



This is from youtube, but there's also a news clip on the source page.

Source
edit on 3/8/2013 by Klassified because: link



posted on Mar, 8 2013 @ 02:40 PM
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My garage had some boards in it.
I checked, they might be worth $20.
Some people have all the luck.



posted on Mar, 8 2013 @ 06:20 PM
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reply to post by butcherguy
 

Ain't it the truth?



posted on Jul, 8 2013 @ 06:18 AM
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This is the stuff dreams are made of! Here is another such tale: www.snopes.com...



posted on Jul, 8 2013 @ 10:18 AM
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Hard to believe someone would pay that kind of money for that artist's work... Half the time, it looks like he's trying to copy Matisse, and the rest, Mondrian....
Seems like a hack.
Just my honest opinion. Kudos to the guy buying the house though...and for finding out. Hope he has Sotheby's on speed dial.....



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