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

(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.

  (Shutterstock)
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