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 Tags

More From The 412

Maybe Don Draper Really Did Know How to Sell Heinz Ketchup

Maybe Don Draper Really Did Know How to Sell Heinz Ketchup

New billboards in New York appear to be nearly identical to ads presented to fictional Heinz representatives during an episode of “Mad Men.”
Uber’s Future of Ride-Sharing: No Driver

Uber’s Future of Ride-Sharing: No Driver

Uber is working with CMU to develop a self-driving car.
Must See: Steelers Deliver Birthday Surprise to Garth Brooks

Must See: Steelers Deliver Birthday Surprise to Garth Brooks

The singer-songwriter appeared genuinely stunned when several legendary Steelers took the stage.
How Long Does it Take to Sell A House in Pittsburgh?

How Long Does it Take to Sell A House in Pittsburgh?

Realtors say the answer is good news for sellers and buyers alike.
Edit ModuleShow Tags

Hot Reads

Top Ten Things to Do in Pittsburgh in June

Top Ten Things to Do in Pittsburgh in June

This month's best bets in the ’Burgh.
Best Restaurants 2017

Best Restaurants 2017

This year Pittsburgh Magazine's independent Restaurant Review Panel recognizes 34 establishments as our regions's top restaurants. Our list includes All Arounders, Killer Casual, Fancy Night Out, Best Budget and Classic Comfort establishments.
Pittsburgh Chef of the Year: Bill Fuller

Pittsburgh Chef of the Year: Bill Fuller

Bill Fuller’s portfolio includes overseeing five specialty restaurants — Eleven Contemporary Kitchen, Casbah Mediterranean Kitchen and Wine Bar, Soba, umi and Kaya — as well as 14 fast-casual Mad Mex restaurants and a full-service catering operation. Even in an increasingly competitive environment, his restaurants remain in-demand and relevant.
Pittsburgh's Best New Restaurant: Apteka

Pittsburgh's Best New Restaurant: Apteka

Apteka, operated by Kate Lasky and Tomasz Skowronski, is a vegan eatery that draws on Lasky’s sixth-generation Pittsburgh roots and Skowronski’s Polish heritage.
Edit ModuleShow Tags
Edit ModuleShow Tags Edit Module
Edit ModuleShow Tags

On the Blogs


Watch: How Will You Remember Kunitz's Overtime Winner?

Watch: How Will You Remember Kunitz's Overtime Winner?

Check out three versions of the goal that sends the Penguins to the Stanley Cup final for a sixth time. (Hint) We think we saved the best for last.

Comments


All the foodie news that's fit to blog
Pittsburgh Bartenders Give Back By Keeping Time

Pittsburgh Bartenders Give Back By Keeping Time

The Pittsburgh chapter of the USBG partners with Campari USA to create a calendar that will benefit Greater Pittsburgh Community Food Bank.

Comments


Not just good stuff. Great stuff.
Five Inexpensive But Memorable Date Spots in Pittsburgh

Five Inexpensive But Memorable Date Spots in Pittsburgh

These spots are tailored for couples who are looking for a simple, chill night out on Valentine’s Day (or any other day). If your significant other isn’t the type to be wooed by expensive wines and chocolates, this is the list for you.

Comments


Vital Happy Hour Alert: Great Cocktails at the Wigle Tasting Room

Vital Happy Hour Alert: Great Cocktails at the Wigle Tasting Room

The third outpost of local distillery Wigle, found in the Omni William Penn Hotel, is an instant destination for cocktail fans.

Comments


Mike Prisuta's Sports Section

A weekly look at the games people are playing and the people who are playing them.
Frightened about Game 7? You Should Be

Frightened about Game 7? You Should Be

A win will send the Penguins to the Stanley Cup finals for a second year in a row and re-write team history.

Comments


Style. Design. Goods. Hide your credit card.
Make the Cut with Jonathan Moran Woodworks

Make the Cut with Jonathan Moran Woodworks

The Strip District-based woodworker's cutting boards can be custom made with the wood of your choice.

Comments


The movies that are playing in Pittsburgh –– and, more importantly, whether or not they're worth your time.
If Only the Baywatch Team Could've Saved Us From Jack Sparrow

If Only the Baywatch Team Could've Saved Us From Jack Sparrow

Reviews of "Pirates of the Caribbean: Dead Men Tell No Tales" and "Baywatch," plus local movie news and notes.

Comments


Everything you need to know about getting married in Pittsburgh today.
New York Bridal Designer Shares Her Secrets

New York Bridal Designer Shares Her Secrets

Pennsylvania native Jaclyn Jordan brings her newest collection to the Blanc de Blanc Bridal Boutique in Carrick.

Comments


Weekly inspiration for your home from the editors of Pittsburgh Magazine
Get to the North Side for Home & Garden Tour, Epic Yard Sale

Get to the North Side for Home & Garden Tour, Epic Yard Sale

Explore lavish homes and gardens with the West Allegheny Historic District’s annual Tour and Tasting, or go on the hunt for hidden treasure during The Great Mexican War Streets Yard Sale.

Comments


The hottest topics in higher education
Explore Your Future with Point Park University

Explore Your Future with Point Park University

The university will host three summer workshops for high school students from July 17-20.

Comments