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A blog for artists and lovers of the arts from around the world, featuring discussions, appreciation and commentary on visual art, performance art and art-film.

Million Dollar Art work found in the Trash

October 25th 2007 00:00
Walking keeps you healthy and wealthy


Tres Personjes Rufino Tamayo
Tres Personjes by Rufino Tamayo



It is being reported on abc.go.com that Elizabeth Gibson a Manhattan resident has found a 1970 painting that was stolen 20 years ago and has been missing ever since.

Oblivious to it’s worth she found the impressionistic work lying in the trash when she was out for her morning walk four years ago and admitted to Sotheby’s auction house, "I know nothing of modern art but it didn't seem right for any piece of art to be discarded like that".

The piece titled “Tres Personjes”, translated to “Three People” was painted by the famed Mexican artist Rufino Tamayo during his more mature period.


Rufino Tamayo
The artist Rufino Tamayo at work


Elizabeth Gibson only found out its value when her investigation led her to “Antiques Roadshow FYI” after taking it home because the colourful work “held a strange power”.

Obviously not a greedy woman Gibson returned the elusive art to its original owners who the New York Times say paid an estimated $55,000 for it before the robbery.

Now that it has been rediscovered it is due to be auctioned next month and according to Sotheby’s could fetch an estimated 1 million dollars when it goes under the hammer.

So there it is, another case of fate bringing a prized work back into the public eye and an unsuspecting punter being drawn to it because of a subconscious beauty that cant be defined. That’s the power of art.

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Comments
2 Comments. [ Add A Comment ]

Comment by Louie

October 25th 2007 01:31
wow.........i can't beleive she returned t, without reward.....she should be nominated for Sainthood in this day and age.

Comment by Dexter

October 30th 2007 08:38
Hi Louie,

A good samaritan for sure but, I have read elsewhere that she will get a percentage of the resale value when it is auctioned later in November.

Thank you so much for dropping in, nice to have visitors.

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