$7 Flea Market Find Turns Out to Be Lost Renoir

by Marc Bastow | September 13, 2012 9:55 am

Some people are just lucky: one woman won a million dollar lottery prize[1] when her 2-year old daughter placed her hand on the ticket in a Brooklyn convenience store.

Lightening indeed struck twice (although not for the same person) as a Maryland women,who did not wish to be identified according to Baltimore’s CBS affilate WJZ-TV and as reported by[2] CBS News, purchased a painting that piqued her interest because of the frame, and coughed up $7 to take both the frame and the painting home.

One year later she took out the painting inside the frame and noticed in the side etching that it included a French gallery label, a stock number, and was signed by” Renoir.”

Indeed, upon inspection by the Potomack Company Auction House, the painting was authenticated as a long lost 1879 piece by Pierre-Auguste Renoir titled “A Landscape of the Banks of the River Seine.”

The painting’s estimated price? Between $75,000 to $100,000, although it might fetch more given the bizarre story attached to its finding. Everyone will find out on September 29 when the painting comes up for public auction.

Whatever the price, the woman’s plans for the money include a trip to Paris.

So don’t give up on those hopes at the flea market. Remember that old adage: “one man’s trash is another man’s treasure.”

-Written by Marc Bastow, Assistant Editor, InvestorPlace.com

Endnotes:
  1. million dollar lottery prize: http://investorplace.com/2012/03/brooklyns-luckiest-2-year-old/
  2. reported by: http://www.cbsnews.com/8301-201_162-57511508/md-womans-$7-flea-market-find-actually-lost-renoir/

Source URL: http://investorplace.com/2012/09/lost-renoir-will-net-one-lucky-woman-a-trip-to-paris/
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