Man buys a 5 buck art at garage sale finds out it's worth 2 million

[Morg]

http://www.myfoxdc.com/dpp/news/offbeat/british-businessman-buys-2m-warhol-for-just-5-ncxdc-040212

British Businessman Buys $2M Warhol for Just $5


LAS VEGAS - A British businessman picked up an original Andy Warhol drawing worth $2 million (£1.3 million) at a humble garage sale in Las Vegas.

The 1930s sketch, never previously seen in public, was hidden among a handful that art buff Andy Fields bought for $5.

The signed work, on tattered paper, is thought to have been etched by art world legend Warhol when he was either 10 or 11. Experts have hailed it the earliest known example of the late American's Pop Art -- for which he became famous decades later.

And dad-of-one Fields was told it might be worth 10 times its formal valuation.

But the businessman, from Devon in southwestern England, has no plans to sell. Instead, he wants to put it on display for others to enjoy. Fields, who found the drawing in 2010, said, "It's an incredibly important work. It redefines the work of one of the most famous artists of the last 100 years."

He added, "It moves the birth of Pop Art back two decades, showing Warhol was already doing that sort of stuff at a far younger age. I'm not interested in the financial gain for now. It's only right that great art should be shared."

The figure in the drawing is 1930s singer and actor Rudy Vallee. The seller was a drug abuser who told Fields his aunt was a carer for Warhol in his youth.

Fields spent weeks trying to find the man. He added, "I needed to find out everything he knew about it -- but he'd vanished."

Warhol's "Campbell's Soup Can (Tomato)" sold for £5.6 million in 2010. His piece "Lemon Marilyn" fetched £17.5 million in 2007.

 

[Quasimod0]

Not going to sell? What?!

 

[KalMart]

Until it hits $5M.

 

[socool]

Looks like my schedule just filled up with visits to garage sales.

 

[Duke]

Some people have all the luck.

 

[Spider-Who?]

I wouldn't be surprised if he's saying that he won't sell just so the offers raise in price.

Id prolly do the same.

 

[Hobgoblin]

Meanwhile all of my art are fakes.

 

[Asteroid-Man]

I'm calling it now; it's a fake.

 

[Hobgoblin]

My question is, how do they know its Warhol's signature? My signature at ten looks nothing like my signature now.

 

[KalMart]

My question is, how do they know its Warhol's signature? My signature at ten looks nothing like my signature now.

Because he was him and you're you.

 

[Boom]

Meanwhile all of my art are fakes.