$45 Garage Sale Purchase Turns Out to be Worth $200 Million

by on July 28, 2010

Rick Norisigan became the proud owner of an iconic photographer Ansel Adams last works. Rick purchased an old glass negative roll in California for $45 ten years back, which as now has been assessed for about $222 million.

Rick is a school district painter and collector. He bought the 65 glass negatives at a Fresno, California garage sale in year 2000. After years of research and tracing he at last verified that those negatives were from Adams collection, which was later confirmed by the Art experts. A number of specialists and researchers were hired in order to get enough evidences to prove that the paintings were original and authentic.

The photographs were unveiled in a Los Angeles art gallery this week. According to the famous art appraiser David Streets, an estimated value of the negatives would be around $200 million which is based on Adam’s current sales potential. Adam was known as one of the finest photographers of his era, popularly known for his American west work.

The photos are expected to have been shot 70-80 years back.

The photographs were thought to have been destroyed in a fire in year 1937.

After four years of intense research he came to know that these plates are genuine art work of Adams, then only he removed them from under his pool table and placed them in a bank vault.

Though there have not been any reports from Rick regarding the selling of the paintings but surely he has some plans of getting the most out of them as they are one of the finest works of Ansel Adams.

Rick Norisigan holds on of the photograph's shot by the late Ansel Adams made from a glass negative . (photo credit: AP)

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