Art Found in Attic Is Worth $30M
Thousands of works by Arthur Pinajian found in New York
By Newser Editors and Wire Services
Posted Mar 7, 2013 3:53 PM CST
   (Shutterstock)

(Newser) – A New York man is probably very, very happy he decided to buy a cottage in 2007, because works by an obscure Armenian-American abstract impressionist discovered there have been appraised at $30 million. The new owner found thousands of paintings, drawings, and journals by Arthur Pinajian in a garage and attic. Peter Hastings Falk, who once appraised art from the Andy Warhol estate, valued the works. Some pieces already have sold for $500,000.

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Showing 3 of 24 comments
YetAnotherCollegeKid
Mar 20, 2013 3:04 PM CDT
So he makes a fortune and the world gets a ton of art. I like everything about this plan.
VooDoo
Mar 7, 2013 5:22 PM CST
I went to an indian casino and they were remodeling the hall from a hotel to the casino.There was a big (6' x 9') painting of some indians hanging out on the wall. During the remodeling I saw that they had taken down the painting and it was just leaning up against the wall.When I left the casino I saw the painting in a dumpster covered with some fresh wet snow. I thought to myself I should go take that painting because obviously they are just throwing it away. I didn't. The painting didn't do anything for me, so I just thought screw it.That was a Monday. The very next Sunday I found out. "Casino Throws Away Painting Worth $66,000"!
lilia.s
Mar 7, 2013 5:17 PM CST
I was a little puzzled when I read this. it seems too simplistic.