Picasso has been marked down


Washington Post: Ohio man accidentally buys signed Picasso print for $14 at thrift store, sells for thousands

An unemployed Ohioan was browsing at his local thrift store for items he could restore and resell when he spotted a Picasso poster with the word “Exposition” written across the front, some French words, and the image of a warped round face. He handed over $14.14 for what he saw as a nice commercial print.

Some Internet searches later — and a closer look at markings on the lower right area — and he sold what’s believed to be a signed Picasso print for $7,000 to a private buyer who wants to remain anonymous.

The finder of this treasure seemed like he was in a place where he needed the money. A great reminder of the old saying, “one person’s trash is another person’s treasure.” However, what inspires me is the previous owner of the print. The article says, “Ed Zettler, a 72-year-old retired English teacher from Columbus, claims the print sat in his basement for years before he decided to donate it to the thrift store where Bodish later found it.” In today’s world of interminable litigation, one would expect and lawsuit.  Or perhaps we should have expected a claim by the previous owner that it was a mistake. Instead, Zettler’s response is unusual and refreshing: “I gave it away. Someone else found it. He fortunately saw more. It’s his,” Zettler said. “That’s the risk you take when you bring something to the thrift store.”

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