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Painting bought for $10 sells for $34,375

Oct. 2, 2012 at 4:43 PM   |   Comments

CONCORD, N.C., Oct. 2 (UPI) -- A North Carolina woman who bought a painting for $10 at a Goodwill store said the artwork fetched $34,375 at a New York auction.

Beth Feeback of Concord said she bought the painting, Ilya Bolotowsky's "Vertical Diamonds," because she planned to paint over it with her own art, but a friend encouraged her to look up the name of the artist on the back of the painting and have it appraised by experts, WCNC-TV, Charlotte, reported Tuesday,

The painting sold for $34,375 at Sotheby's New York, meaning Feeback will receive $27,000. She said the money will go toward paying off debts and improving her home.

© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
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