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Turning dusty attic treasures into cash can yield millions for some and disappointment for others
Channel 3000 News/AP ^ | December 16, 2024 | AP Staff

Posted on 12/16/2024 7:38:58 AM PST by Diana in Wisconsin

Kaja Veilleux has hunted New England attic treasures for more than 50 years. He once found a copy of the Declaration of Independence sitting on a pile of trash, and he made headlines this year when he stumbled upon a million-dollar portrait gathering dust in an old farmhouse in Maine that may have been painted by the Dutch master Rembrandt.

Then there was the time, Veilleux said, he was shown a $50,000 gold coin kicking around in a tool drawer, only to have the well-meaning owner destroy much of its value before he could auction it by using a scouring pad to clean it — and scratch it.

"It's like a treasure hunt every day," Veilleux said, chuckling.

Many people dream of cashing in on some dusty, old heirloom. In October, three sisters from Ohio sold a rare dime for more than a half million dollars. Two years ago, a case of old hockey cards found in a Canadian home sold for more than $3.7 million.

Veilleux, 73, helps people sort gems from junk when he appraises furniture, antiques and art by using his knowledge of what similar items have sold for in the past. But art auctions can be fickle. Who could have guessed a banana duct-taped to a wall could sell for more than $6 million?

Veilleux started collecting coins at age 8 and soon found he had a good memory for visual objects. His training for a career in antique dealing has all been on the job, he said, including a lesson he learned early when he spent most of the money he had at the time on bidding for a beautiful miniature painting.

(Excerpt) Read more at channel3000.com ...


TOPICS: Business/Economy; History; Hobbies; Society
KEYWORDS: coins; epigraphyandlanguage; godsgravesglyphs; renaissance; treasurehunt; treasurehunter; treasurehunters
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When he got home from the auction and looked at the artwork under a magnifying glass, he realized it was a print, with dabs of paint added to make it look genuine.

"I paid $350 for a $35 object, which always taught me to look at things very carefully," Veilleux said.

1 posted on 12/16/2024 7:38:58 AM PST by Diana in Wisconsin
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To: SunkenCiv


2 posted on 12/16/2024 7:40:33 AM PST by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set.)
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To: Diana in Wisconsin
who doesn't have the Kennedy silver half dollar. 1967 Kennedy Half Dollar Value According to the NGC Price Guide, as of December 2024, a Kennedy Half Dollar from 1967 in circulated condition is worth between $4.55 and $5. However, on the open market 1967 Half Dollars in pristine, uncirculated condition sell for as much as $5750.
3 posted on 12/16/2024 7:45:37 AM PST by 1Old Pro
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To: Diana in Wisconsin

Check Youtube for:

“Nobody wants your stuff”


4 posted on 12/16/2024 7:51:19 AM PST by Scrambler Bob (Running Rampant, and not endorsing nonsense; My pronoun is EXIT. And I am generally full of /S)
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To: 1Old Pro

That circulated Kennedy 50 cent piece with inflation is the same spending power it had in ‘67. Having it as a curiosity is worth nothing.


5 posted on 12/16/2024 7:56:31 AM PST by bgill
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To: Diana in Wisconsin; StayAt HomeMother; Ernest_at_the_Beach; 1ofmanyfree; 21twelve; 24Karet; ...
Thanks Diana in Wisconsin.
...he was shown a $50,000 gold coin kicking around in a tool drawer, only to have the well-meaning owner destroy much of its value before he could auction it by using a scouring pad to clean it — and scratch it.
My late mother used to enjoy Antiques Road Show. A 'collector' brought in his lifelong 'collection' of historic person signatures -- he'd clipped them out of various letters and other documents he'd acquired and tossed the rest, keeping only the signatures. He had a nice box of confetti.

6 posted on 12/16/2024 7:57:41 AM PST by SunkenCiv (Politics do not make strange bedfellows, and the enemy of your enemy may still be your enemy.)
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To: Diana in Wisconsin

The late shlock artist Tom Kinkade made millions doing just this — daubing a bit of paint onto high-res prints. He later figured out he could train amateurs to do the daubing . . . but only after they’d bought a special license issued by Kinkade.


7 posted on 12/16/2024 8:00:00 AM PST by Blurb2350 (posted from my 1500-watt blow dryer)
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To: Diana in Wisconsin

I check Craigslist for musical instruments. A “genuine Stradivarius” violin pops up occasionally that was found in a closet somewhere thinking it is a real Stradivarius. The luckiest I ever got was a TAG Hauer watch at a thrift store for $2.50. After polishing it up I made near $2000 selling it.


8 posted on 12/16/2024 8:03:50 AM PST by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: Diana in Wisconsin

I was going through a pile of boxes out in the barn loft a few weeks ago and I came across a whole box of Star Wars cards. And some toys from the same. My son collected them when he was a kid. He’s well over fifty now..
They may be worth something....maybe. (?)


9 posted on 12/16/2024 8:12:49 AM PST by unread (I pledge allegiance to the flag of the United States of America, and to the REPUBLIC..!)
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To: Diana in Wisconsin
Who could have guessed a banana duct-taped to a wall could sell for more than $6 million?

People who are laundering money.

10 posted on 12/16/2024 8:17:24 AM PST by Harmless Teddy Bear ( Not my circus. Not my monkeys. But I can pick out the clowns at 100 yards.)
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To: Blurb2350

The guy was a con man. At one early point I tried to like his work but couldn’t. It always looked like a poster from Spencer Gifts.


11 posted on 12/16/2024 8:22:06 AM PST by Obadiah
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To: Organic Panic

My husband bought two Martin ukulele’s at a garage sale, both in cases in excellent condition; $400 for both. About 15 years later he sold them for $1800 to a ukulele player from Hawaii.


12 posted on 12/16/2024 8:29:58 AM PST by Oorang (Politicians:-a feeble band of lowly reptiles who shun the light and who lurk in their own dens. )
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To: Obadiah; Blurb2350

I was a fan of Kinkade. His artwork reminds me of the designed scenes of places like Rivendell from Lord of the Rings. Those types of paintings/artwork look so inviting, serene and peaceful.

I think I also like Kinkade because a lot of his work involved the color green, which is my favorite.

I once had a Kinkade painting throw pillow, but that’s it.

Beauty truly is in the eye of the beholder.


13 posted on 12/16/2024 8:38:00 AM PST by Reddy (BO stinks)
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To: Oorang

Moving in Stereo!
😎


14 posted on 12/16/2024 8:38:29 AM PST by Big Red Badger (ALL Things Will be Revealed !)
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To: Big Red Badger

<My wife is an antique.


15 posted on 12/16/2024 8:46:47 AM PST by oldasrocks
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To: Obadiah

A lot of women love his paintings.

I used to always say: Thomas Kincade painter of crap.


16 posted on 12/16/2024 8:49:12 AM PST by woodbutcher1963
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To: woodbutcher1963

Kincaid - ... 🤮


17 posted on 12/16/2024 8:55:08 AM PST by MayflowerMadam (It's hard not to celebrate the fall of bad people. - Bongino)
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To: 1Old Pro

Recently, one of my customers gave me a book about Gustov Stickley furniture. This is because he was his great grandfather.

As I was looking through the book I saw a dining room sideboard that looked a lot like the one we had left in my moms basement in WHY.

There also was a library table that also looked a lot like the one my mother had refinished with this “antiquing paint” back in the in 1970s.

We left a lot of furniture in the house when we sold it after my moms death at 92.


18 posted on 12/16/2024 8:55:43 AM PST by woodbutcher1963
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To: Oorang

Was it Don Ho?


19 posted on 12/16/2024 8:59:31 AM PST by mfish13 (Elections have Consequences.)
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To: Diana in Wisconsin
As was explained to me in an historical preservation class in college:

The teacher pulled out a round 5", 12 lb. iron ball, and explained that current scrap value for 12 lbs. of scrap iron was about 50 cents.

Put the ball on a little wooden stand and take it to a Gettysburg gift shop and call it a "civil war paper weight" and you will find people willing to pay $30-$40 for it.

Add some paperwork authenticating that this was in fact a civil war cannonball recovered from the Gettysburg battlefield, and it's now worth $100-200.

If hypothetically, one could produce paperwork authenticating that this was irrefutably the cannonball that removed General Sickle's leg at the Battle of Gettysburg it essentially becomes a priceless museum piece. Even though there were likely hundreds of thousands, if not millions of cannonballs just like it produced during the war, with many copies still in existence, this one becomes singularly unique.

Or to put it simply, one man's trash is another man's treasure.

20 posted on 12/16/2024 9:00:46 AM PST by Joe 6-pack
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