Man Buys Painting for $30, Sells It for $1.35 Million

News18 Hindi · india

A man from Michigan, USA, purchased a painting for just $30 (approximately ₹2,800), unaware of its true value. The artwork, titled 'Alderman Merriam Shells,' had been missing for 70 years and was found hanging in an estate building. He later sold the painting at a Freeman's auction in New York for $1.35 million, which is about ₹13 crore. This sale reportedly sets a world record for profit made on a single painting. The buyer's initial investment yielded an extraordinary return, turning a small purchase into a fortune.