Shopper Buys David Bowie Painting for C$5, Sells for C$108,120
A shopper purchased a small painting for C$5 at a donation center in Ontario, later discovering it was a David Bowie work. After authentication, it sold for C$108,120 at auction.
What Happened?
A shopper purchased a small painting for C$5 at a donation center in Ontario, later discovering it was a David Bowie work. After authentication, it sold for C$108,120 at auction.
AI Quick Summary
A C$5 painting by David Bowie sold for C$108,120 after authentication, showcasing the potential hidden value in overlooked items.
Key points
- A shopper bought a painting for C$5 at a donation center near a landfill.
- The painting was identified as DHead XLVI by David Bowie.
- After authentication, it sold for C$108,120 at auction.
- The auction estimate was initially C$9,000 to C$12,000.
- The painting is part of Bowie's Dead Heads series from the 1990s.
Key insights
- The unexpected discovery emphasizes the importance of provenance in art.
- Art collectors may now pay closer attention to items in donation centers.
- This sale sets a precedent for future Bowie artworks at auction.
Why it matters
This story highlights how valuable art can be overlooked in unexpected places.
Tags
Entities
Source
Times of India