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Michigan collector paid $30 for painting; it later sold for record $1.35 million

At a recent estate sale, a man bought a Gertrude Abercrombie painting for only $30. Upon confirming its authenticity at an exhibition, he opted to auction the piece. Titled Alderman…
Michigan collector paid $30 for painting; it later sold for record $1.35 million
Photo: The Times of India
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Source: The Times of India · Read original story →

At a recent estate sale, a man bought a Gertrude Abercrombie painting for only $30. Upon confirming its authenticity at an exhibition, he opted to auction the piece. Titled Alderman Merriam’s Shells, the painting was anticipated to sell between $150,000 and $250,000. Remarkably, it sold for a staggering $1,060,000 at Freeman’s auction, setting a new high for the artist and highlighting the incredible value of art investments.

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Headline and short summary from the original publisher: The Times of India. Read the full story on the publisher's website.

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