{"id":19769,"date":"2015-03-17T14:35:28","date_gmt":"2015-03-17T14:35:28","guid":{"rendered":"https:\/\/rehs.com\/blog\/?p=19769"},"modified":"2024-02-01T01:41:20","modified_gmt":"2024-02-01T06:41:20","slug":"painting-bought-for-50-cents-in-indiana-going-up-for-auction","status":"publish","type":"post","link":"https:\/\/rehs.com\/eng\/2015\/03\/painting-bought-for-50-cents-in-indiana-going-up-for-auction\/","title":{"rendered":"Painting Bought for 50 Cents in Indiana Going up for Auction"},"content":{"rendered":"<p>When Jesse Ronnenbaum negotiated the $1 asking price of a small painting in half at a yard sale, he had no idea how great of a deal he made at the time. \u00a0After several years, Ronnenbaum realized the words &#8220;Palette and Chisel Club 1910&#8221; in the corner &#8211; a Fine Arts Academy in Chicago. \u00a0He did his research and reached out to the academy and auctions where he learned that the painting, painted by seven different academy artists (very unusual), may be worth $10,000&#8230; even better, he was told it could bring in upwards of $25,000 at auction on a good day!<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/abcnews.go.com\/US\/wireStory\/painting-bought-50-cents-indiana-auction-29640801\"><img decoding=\"async\" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2015\/03\/WireAP_1cb219150b5a4a6dafd31bdd76809023_16x9_992.jpg\" alt=\"WireAP_1cb219150b5a4a6dafd31bdd76809023_16x9_992\" width=\"245\" height=\"138\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/abcnews.go.com\/US\/wireStory\/painting-bought-50-cents-indiana-auction-29640801\">Painting Bought for 50 Cents in Indiana Going up for Auction\u00a0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>When Jesse Ronnenbaum negotiated the $1 asking price of a small painting in half at a yard sale, he had no idea how great of a deal he made at the time. \u00a0After several years, Ronnenbaum realized the words &#8220;Palette &hellip; <a href=\"https:\/\/rehs.com\/eng\/2015\/03\/painting-bought-for-50-cents-in-indiana-going-up-for-auction\/?contemporary=N\">More&#8230;<\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[11],"class_list":["post-19769","post","type-post","status-publish","format-standard","hentry","category-rehs-contemporary","tag-rehs-contemporary-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Bought For 50 Cents In Indiana Going Up For Auction<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rehs.com\/eng\/2015\/03\/painting-bought-for-50-cents-in-indiana-going-up-for-auction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Painting Bought for 50 Cents in Indiana Going up for Auction\" \/>\n<meta property=\"og:description\" content=\"When Jesse Ronnenbaum negotiated the $1 asking price of a small painting in half at a yard sale, he had no idea how great of a deal he made at the time. \u00a0After several years, Ronnenbaum realized the words &#8220;Palette &hellip; 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