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Man Struggling to Pay Bills In Shock As a Family Heirloom’s Auction Price Changes His Life Forever
Ijreview ^ | August 17, 2014 | George Morgan

Posted on 08/17/2014 11:20:40 AM PDT by Hojczyk

L.T., or Big L.T. as some call him, was put on disability after suffering terrible foot injuries from a car crash. Since then, he has struggled to make ends meet.

One day while watching television, he saw an episode of Antiques Roadshow in which a Navajo First Phase Weaving Blanket was featured. His family had kept a similar one that had been passed down through generations. Seeing the value of the blanket on TV, L.T. decided he would see if his family’s blanket could fetch similar results.

Once verified that it was in fact an authentic Navajo weaving blanket, L.T. took it to auction. Appraisers stated their expectations for the blanket’s market value which were quickly blown out of the water. Watch this man’s life change forever in one minute…

(Excerpt) Read more at ijreview.com ...


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KEYWORDS: navajoblanket
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To: Political Junkie Too
Doesn't that get taxed as ordinary income to them?

Yes, of course, offset by all the myriad business expenses and writeoffs. But that's not the concern of the consignor who still pocketed close to a million after taxes and expenses.

41 posted on 08/17/2014 12:12:20 PM PDT by Fresh Wind (The last remnants of the Old Republic have been swept away.)
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To: Fresh Wind
A couple of years ago, when that reality TV show about an Atlanta auction house was running, I did a search.

Working both sides, those schmucks got close to a two-thirds cut of whatever was bought and sold.

42 posted on 08/17/2014 12:12:25 PM PDT by ErnBatavia (It ain't a "hashtag"....it's a damn pound sign, number sign, or octothorpe. ###)
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To: FredZarguna; dfwgator

43 posted on 08/17/2014 12:16:04 PM PDT by FredZarguna (Das ist nicht nur nicht richtig, es ist nicht einmal falsch!)
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To: Enterprise

Great story and nice to see.

But I don’t understand why we put folks like that, with a physical disability of some type, on the permanent dole.

There are hundreds of thousands of call center and other such low-skill jobs that people can do, from home, without having to move around at all. Jobs like that should go to people like that.


44 posted on 08/17/2014 12:17:25 PM PDT by 9YearLurker
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To: Freedom_Is_Not_Free

If auctioneering like that is such a great and easy biz, there’ll be plenty more houses in and willing to trim the percentage on payments.


45 posted on 08/17/2014 12:19:24 PM PDT by 9YearLurker
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To: Hojczyk

Couldn’t help but tear up for h im as the price kept going up -

Seems like a nice guy - happy for him.

HOWEVER, that said - I can’t help but wonder - income all from disability? Because he lost one foot - gets around good on a prosthetic. He can surely drive, walk and has 2 good hands and no head injuries.

I think of what Charles Krauthammer achieved after an accident in college left him paralyzed from the neck down and even needs an apparatus to help with breathing.

A doctor of psychiatry, author, commentator - Many who watch him on TV don’t even realize how crippled he is.
Imagine his struggle every single hour of every day.

Sorry, I see no reason why this man can’t work to supplement his disability check.


46 posted on 08/17/2014 12:19:58 PM PDT by maine-iac7 (Christian is as Christian does - by their fruits)
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To: FredZarguna

lol


47 posted on 08/17/2014 12:28:02 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: GeronL
to the expert in the video, $100 was 4 years salary for a Cavalry officer

Unlikely, in 1820 a soldier was paid $6/mo, by the Civil War white troops made $13/month. No way an Army officer 10 years earlier was making only $2/month.

48 posted on 08/17/2014 12:28:52 PM PDT by xone
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To: freebilly

My monitor fogged for a bit toward the end!


49 posted on 08/17/2014 12:30:08 PM PDT by Dick Bachert (Ignorance is NOT BLISS. It is the ROAD TO SERFDOM! We're on a ROAD TRIP!!)
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To: xone

money values change a lot over time, I was just going by what the guy in the video said


50 posted on 08/17/2014 12:33:07 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: GeronL
money values change a lot over time,

No doubt, but those were the pay rates of the day, not adjusted. I think the expert was overstating his case.

51 posted on 08/17/2014 12:37:46 PM PDT by xone
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To: xone

OK, the expert in the video is full of poop on that issue then.

before the Civil War a Cavalry private was earning $8 a month, a sergeant $13. During the war a private was paid $16 but dropped back to $13 for the private after the war.

I guess war really does cause inflation.

source: “US Cavalry on the Plains 1850-90”

http://books.google.com/books?id=4LrfhMksZYoC&pg=PA23&lpg=PA23&dq=how+much+were+US+Cavalry+paid+in+1850?&source=bl&ots=_tb1myuI_5&sig=-fVBeNhMZ6PA5kR3yeDCqAuF5Ic&hl=en&sa=X&ei=IATxU7CAEqXn8AGm_IGoCQ&ved=0CEAQ6AEwBA#v=onepage&q=how%20much%20were%20US%20Cavalry%20paid%20in%201850%3F&f=false


52 posted on 08/17/2014 12:41:58 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: ErnBatavia

Yes, a lot of auctioneers are crooks.


53 posted on 08/17/2014 12:42:07 PM PDT by Fresh Wind (The last remnants of the Old Republic have been swept away.)
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To: Fresh Wind

So how much do the auctioneers get? Probably other charges too and then comes TAXES


54 posted on 08/17/2014 12:44:31 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: GeronL

See my post #37.


55 posted on 08/17/2014 12:51:29 PM PDT by Fresh Wind (The last remnants of the Old Republic have been swept away.)
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To: Hojczyk

Amazing and heart warming.


56 posted on 08/17/2014 12:52:19 PM PDT by Veto! (Opinions freely dispensed as advice)
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To: Fresh Wind

wow


57 posted on 08/17/2014 12:52:52 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: GeronL

Fees, taxes, whatever…there’s a life-changing amount left.


58 posted on 08/17/2014 12:54:12 PM PDT by Veto! (Opinions freely dispensed as advice)
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To: Veto!

Yep... a reason never to throw anything away. lol


59 posted on 08/17/2014 1:01:42 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: Fungi

Brought this lady to tears. So hoping things work out well for these people. Prayers.


60 posted on 08/17/2014 1:03:56 PM PDT by Bigg Red (31 May 2014: Obamugabe officially declares the USA a vanquished subject of the Global Caliphate.)
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