From ABC News:
Beth Feeback had a really good weekend. The North Carolina woman who bought a painting for $9.99 from a Goodwill store sale saw it sell for more than $27,000 at a Sotheby’s auction.
“It’s a great return on $9.99,” Feeback said Sunday night.
The sale price listed on the Sotheby’s website, $34,375.00, reflects the final gavel price plus a premium the buyer must pay, she explained. The painting had been expected to sell for between $15,000 and $20,000.
Feeback of Concord bought the painting, “Vertical Diamond” by Ilya Bolotowsky, in April. She wasn’t attracted to the style at all, but she wanted to re-use the canvas to paint cat portraits, which are her specialty.
A friend cautioned her to check out the labels on the painting before she put paintbrush to canvas, and after a few months during which the painting languished on the floor of her art studio, she did.
Now, Feeback has a whole new appreciation for Bolotowsky and his work.
“The first time I Googled that artist’s name, I was like, ‘This is the most beautiful damned painting I’ve ever seen in my life,’” she said, tongue in cheek.
The auction took place Friday, and Feeback gathered family and friends from a viewing party online.
She was nervous at first.
“I like to set my expectations low because … Murphy’s Law is my religion and I was just afraid that it wouldn’t sell at all … ,” she said.