One person's trash is another person's treasure.
A longtime New York-based art dealer stumbled across the painting at a barn sale in the Hamptons and bought it for just $50. Now, this rare piece will be auctioned off in six numbers.
A few months ago, Allen Treibitz discovered and purchased the piece, which features a grizzly bear sculpture atop a commemorative totem pole, even though he didn't know much about the famous artist who painted it. . CTV News Reported.
After researching and consulting with Canadian auction houses, Mr. Treibitz quickly realized that the lost Emily Carr painting “Cinderella Found” by Massett, QCI could be worth up to $200,000. Ta.
“I see a lot of very interesting things, but this…is the most important thing I've ever found,” said Treibitz, who has been selling art for more than 40 years.
“The fact that it was found and returned to its original location is very important.”
Treibitz told CTV News that she paid $50 for the painting because she found it “extraordinary” at a barn sale, and the expressive work stood out to her.
He researched the artist and learned that the iconic Canadian painter's work was worth much more than he paid for it, and later became president of Canada's Heffel Fine Art Auction House, David -Consulted with Heffel and confirmed its value.
“The photo was provided to me and there was no doubt in my mind that this was an exciting Cinderella find,” Hoeffel said, according to CTV News.
The painting will be auctioned in Toronto on November 20 and is estimated to be worth between $100,000 and $200,000.
Carr painted this work in 1912 to document the artistic heritage of British Columbia's First Nations communities. The newspaper said it was a depiction of an indigenous monument that stood in Masset, a village on the state's Haida Gwaii Islands.
The painting is believed to have been a gift from Carr to a friend in the 1930s, and has hung in Hampton's barn ever since.
Heffel said the work was found stretched out in its original frame and had not been altered since it was placed in the barn.
“It needed a good clean and refresh,” he told CTV News.
The painting will be displayed at Heffel Museums in several cities before being auctioned off, but Treibitz hopes it will find a new home with museums and collectors of Carr's work.
