30M art work found in garage
Posted By: miranda
3/08/13 11:42 AM
Sometimes it pays to buy the former house of an obscure Armenian-American artist, a lesson recently learned by lucky new home owners Thomas Schultz and Lawrence Joseph.
According to News 12 in Long Island, New York, the duo purchased a massive collection of artworks by little-known painter Arthur Pinajian along with his old Bellport cottage. They bought the rare find for $2,500 in 2007, on top of the $300,000 cost of the house, and proceeded to restore, frame and appraise...