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Man sells 'worthless' painting by Aivazovsky for more than $1m

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  • Man sells 'worthless' painting by Aivazovsky for more than $1m

    Man sells 'worthless' painting by Aivazovsky for more than $1m

    13:00 - 17.06.11


    A painting considered worthless by its owner, a former lumberjack who
    almost donated it to charity, sold for $1.1 million at a Swedish
    auction.

    The painting, which had been left to the man by his wife and was
    hanging on his wall for almost a decade, turned out to be an 1858 work
    by Hovhannes Aivazovsky entitled "The Battle of Bomarsund", reported
    The Local yesterday.

    The Local reported the unidentified elderly man, a onetime lumberjack
    who earned his education through correspondence courses, was
    downsizing to a new home and sent a small Stockholm auction house
    several boxes of unwanted goods, along with a large canvas.

    On a note he had written, "Will you accept these things? Sell what you
    can and leave the rest to the Red Cross!"

    The painting was put up for auction on the internet with a starting
    price in the $1,200-$1500 range, but when activity around the painting
    exceeded expectations, the head of the auction house decided to seek
    expert advice.

    Enter the Uppsala Auction House, known for selling a number of Russian
    objects, which in turn contacted its own specialists.

    When the painting was authenticated as a genuine work by Aivazovsky,
    Knut Knutson of the auction house, went to see the owner in person to
    deliver the news that the expected price would be a bit higher than
    originally thought.

    Knutson, who has traveled the country as part of the Swedish version
    of "Antiques Roadshow," began by saying, "We are thinking of a
    starting price of five or six... " he told The Local, and the owner
    interrupted him saying "surely, you don't mean five or six hundred
    thousand (kronor) do you?"

    When Knutson replied, "No, actually I mean five or six million...", the
    atmosphere in the room turned "electric," he said.

    "It was one of those moments when you wish you had a camera and could
    film what happened. He stood up, and then sat back down again saying
    'You are jesting, you can't really mean that.'"

    On Tuesday, the painting sold for 7.6 million kronor ($1.1 million) to
    a Russian collector.


    Tert.am


    From: Baghdasarian
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