Christian Science Monitor
March 8 2013
Multimillion-dollar art trove found in old garage
Paintings discovered in a New York one-car garage have been appraised
at $30 million and are now on display in art galleries in New York and
California.
BELLPORT, N.Y.
Works by an obscure Armenian-American abstract impressionist
discovered in a New York cottage have been appraised at $30 million.
In 2007, the new owner of a bungalow in Bellport, on Long Island,
found thousands of paintings, drawings and journals by Arthur Pinajian
in a garage and attic. News 12 Long Island says Peter Hastings Falk
valued the works. He once appraised art from the Andy Warhol estate.
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Some pieces already have sold for $500,000. Fifty of his landscapes
are currently on exhibit at Manhattan’s Fuller Building.
A recently published book by art historian William Innes Homer calls
Pinajian’s abstractions among the best of his era.
The run-down bungalow and one-car garage were purchased for around
$300,000 in 2007.
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