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Alexander Calder $9,000 "Red Nose" Bought For $12 At Goodwill Store

"Red Nose" just meant a reindeer named Rudolph to Karen Mallet until she purchased a print by that name for $12.34 at a Goodwill store in Milwaukee, Wisconsin. It turned out to be a lithograph by American artist Alexander Calder worth $9,000.

 
PRLog - Dec. 2, 2012 - SEATTLE -- "Red Nose" just meant a reindeer named Rudolph to Karen Mallet until she purchased a print by that name for $12.34 at a Goodwill store in Milwaukee, Wisconsin. It turned out to be a lithograph by American artist Alexander Calder worth $9,000.

Mallet's great fortune is at least the fourth time in six months that beneficial art has turned up at Goodwill, exactly where bargain-hunters look for hidden treasure amongst the coffee cups, jewelry, lamps as well as other household cast-offs. Rare Coins, Silver Coins, Gold Coins, Learn more >> http://silverpricestoday.cc/GOLD-COINS/

Last month, a Salvador Dali sketch discovered at a Goodwill shop in Tacoma, Wash., sold for $21,000. Last summer time, a North Carolina lady pocketed more than $27,000 to get a painting she purchased for $9.99 at Goodwill. And last spring, a dusty jug donated in Buffalo, N.Y., was discovered to be a thousands-of-years-old American Indian artifact _ it was returned to its tribe rather than being provided for sale.

When told of the Milwaukee woman's find, a Goodwill spokeswoman said workers at its 2,700 stores attempt to spot valuables and auction them on the organization's on-line auction website to net more cash for the charitable group. But things slip through the cracks and the workers are not art experts.

"That's kind of component of shopping at Goodwill _ the thrill of the hunt," stated Cheryl Lightholder, communications manager for Goodwill in southeastern Wisconsin. "You by no means know what you're going to find."

Mallet, a media relations specialist for Georgetown University and others, didn't even like "Red Nose" when she first spotted it throughout one of her frequent Goodwill buying trips in Might.

"The big discover that day was this excellent set of steel knives, in a block, for $18.99" by Wolfgang Puck, she said.

But the graphic black-and-white image was striking. In low-browed terms, it may be referred to as an abstract image of an ape with a hangover, with spiral swirls for eyes like the ones in cartoons when someone gets punched. A large red nose is the only color. How high will silver go? Learn more >>  http://www.silverpricestoday.cc/KITCO-SILVER/

Then she saw the Calder signature.

"I thought, I don't know if it is real or not but it is $12.99. I've wasted more on worse items," she stated. A discount for using her Goodwill loyalty card brought the price down to $12.34.

As soon as home, she searched the Internet and found comparable lithographs by Calder, who died in 1976 and is widely recognized for his mobiles and abstract sculptures at airports, office towers and other public places. Mallet's piece was No. 55 of 75 lithographs and was made in 1969.

Jacob Fine Art Inc., in suburban Chicago, recently set its replacement value at $9,000.

"This happens very often _ you cannot imagine," the company's owner, Jane Jacob, said of treasures found at thrift stores. "They do not know what they have. They are just not set as much as comprehend art history."

Lauren Lawson-Zilai, a spokeswoman for Goodwill Industries International Inc. in Rockville, Md., gave these examples of art that Goodwill employees spotted and sold through the auction website:

_ In 2009, a painting by Utah artist Maynard Dixon donated in Santa Rosa, Calif., sold for $70,001.

_ In 2008, a Baltimore-area Goodwill store netted $40,600 from a Parisian street scene painted by Impressionist Edouard-Leon Cortes.

_ In 2006, a Frank Weston Benson oil painting donated anonymously in Portland, Ore., brought in $165,002 _ Goodwill's top haul so far.

Mallet has no instant plans to sell her "Red Nose." "It grew on me," she stated. "Now I love it." Rare Coins, Silver Coins, Gold Coins, Learn more >> http://www.silverpricestoday.cc/GOLD-COINS/

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Source:Jan Morgan
City/Town:Seattle - Washington - United States
Industry:Business, Finance
Tags:silver dollar values, silver prices, gold prices, silver coins, gold coins
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