Edit ModuleEdit ModuleShow Tags
Edit ModuleShow Tags

Shocking Appraisal at the Pittsburgh Home & Garden Show

On Sunday, a local man brought a painting — which he had purchased for $5 — for an onstage appraisal. When the painting’s value was revealed, the audience was stunned.




photos by sean collier

 

Last week, a local man visited the Duquesne Light Pittsburgh Home and Garden Show with a photograph of a small painting. He had purchased it years earlier at a quiet auction, paying $5.

“I saw it, and I thought it was fabulous,” said the owner, who chose not to be identified by name for reasons of security. “I didn’t know anything about it. I put it in a stupid frame and hung it in my room for about five or six years.”

After learning that Dr. Lori Verderame, Ph.D., an expert appraiser who has appeared regularly on television shows such as “The Curse of Oak Island” and “Auction Kings,” would be hosting her touring appraisal and comedy show at the 2017 Home and Garden Show, the decision was made. “I said, ‘Dr. Lori is coming; we’re going to take it to see Dr. Lori.’”

When Verderame — pictured above with the painting — saw a photograph of the work, she told the owner that she thought it was probably worth a lot. She’d need to see it in person, she explained, to be sure. He brought it to her noon show on Sunday, the final day of the Home Show, and examined it closely.
 


 

Verderame’s suspicions were confirmed: The painting was an original work by the influential French impressionist Eugène Boudin, a 19th-century landscaper and a close friend (and mentor of) Claude Monet.

Then she revealed the painting’s value.

The small painting purchased for $5 was worth approximately $150,000.

Gasps from the crowd accompanied joy from the owner, who said he’s been a collector of antiques for some time, but never had a find such as this.

The owner declined to reveal his plans for the painting, acting on the advice of Verderame. She recommends that anyone with potentially valuable items seek the advice of a professional appraiser (she offers appraisals both online and in person through her website) rather than contact an auction house.

“They’re not bad people, but they have a dog in the hunt. They’re looking for 40 or 50 percent of your [price],” she says. “They’re going to be happy to help you sell it — and why wouldn’t they be, that’s their job. But basically, they’re looking for this high percentage. You’re thinking, ‘I’m going to give up 50 percent or 40 percent when I know what it is? I want to bring home closer to 100 percent.’”

The discovery made for a dramatic conclusion to Verderame’s appearances at the Home and Garden Show — and sent plenty of audience members scurrying to try and uncover hidden treasures in their own homes.
 

Edit ModuleShow Tags
Edit Module

Edit ModuleShow TagsEdit ModuleShow Tags
Edit ModuleShow Tags Edit Module
Edit ModuleShow Tags

Peters Township Native Wins Silver Medal in Speed Skating

After swine flu kept him from competing in Sochi in 2014, short track speed skater John-Henry Krueger finally won a spot on the podium at the Winter Olympic Games in Pyeongchang.

Perspectives: A Better Life

A former Pittsburgh television reporter recounts the lessons taught to him by his grandfather who spent more than four decades as a Pullman Porter.

Pittsburgh MultiStories: Phipps Legacy – The Fulton Building

With its distinctive seven-story archway, the Fulton Building (now the Renaissance Pittsburgh Hotel) remains a beloved Pittsburgh landmark.

Kick Back and Relax with a Baby Sloth

For $150 you can book an up-close hang out session with Vivien the two-toed sloth.

Jack Kerouac: Manager of the Pittsburgh Plymouths

In a league of his own making, the famous writer cast himself as the skipper of a (fantasy) Pittsburgh ball club.

Bucking the Trend: Gallagher’s Groovy Growing

Megan Gallagher is part of a small cadre of young farmers bucking demographic trends.

Meet the Woman bringing Dignity and Diversity to Twitter

As Twitter's vice president of intersectionality, culture and diversity, Candi Castleberry Singleton, who splits her time between Pittsburgh and San Francisco, works tirelessly to bring inclusion and respect to companies.

Where's the Flu Bug Biting Hardest? There's an App for That

The Doctors Report Illness Tracker has the scoop on germ hotspots all over the region and beyond.

Black Panther is Marvel's Best Film

Reviews of "Black Panther" and "Early Man," plus local movie news and notes.

First Look: Poulet Bleu in Lawrenceville

PM dining critic Hal B. Klein takes a look at the new Richard DeShantz restaurant ... and he has the scoop on what's next from the energetic restaurateur.

Meet Pittsburgh's James Beard Award Semifinalists

Pittsburgh has eight nominations in six categories.

Urban Beekeeping Creating Environmental Buzz in Pittsburgh

No backyard? No problem. The country’s first community apiary brings beekeeping to the city.

Dig In: The Next Wave of Pizza in Pittsburgh

Now is the time to be eating pizza in Pittsburgh. Pizza makers are crafting pies in a variety of styles from New York to Old World. We round up our nine favorite destinations.

Can Anthony Hamlet Fix Pittsburgh Public Schools?

The superintendent, and former NFL player, is using a new school of thought to change legacy problems.

5 Pittsburgh Craft Distilleries Earning a Place on the Shelf

Uncovering the hidden gems of western Pennsylvania’s craft spirit world.