Sep. 2005 – Edward Henry Potthast painting brings $27,500

01 Jun

Edward Henry PotthastIn July 2005, Redge Martin, the President, was asked by a young employee if he’d see a San Francisco estate, for which her aunt from New York was the executor. The initial impression was not promising. A plastic mirror was taped to one wall in the entry, an old calendar to the opposite wall. In the garage was a rusted old car and several broken washing machines. The furniture was not great. Then, a picture upstairs above the fireplace caught his eye. At first he thought it was a print, but no. It turned out to be an original oil painting by the 19th century American impressionist painter, Edward Henry Potthast. An estate sales person had offered the aunt $75 for the piece, but Mr. Martin thought it could sell for much more. The family however was astonished when it brought $27,500 in the September 11, 2005 auction.

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