Art dealer Allen Treibitz purchased the painting for US$50, and after doing some preliminary research realized its value was likely much greater — in the range of $100,000 to $200,000.
When New York-based art dealer Allen Treibitz went to a barn sale in the Hamptons a few months ago, a painting hanging in the old structure immediately caught his eye.
Treibitz purchased the painting for US$50 and after doing some preliminary research he realized its value was likely much greater. The painting will be auctioned on Nov. 20 in Toronto, with its value estimated at $100,000 to $200,000. “I see a lot of very interesting things this one is ... the most significant thing I've ever found,” Treibitz said. “The fact that it was found and that it is back to its home place is very important."
"Unfortunately, because of her modern Parisian post-Impressionist style, it was not well received locally," Moray said. "She could not then find a destination for it, either with the provincial museum or getting any number of public purchases."
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