1,000 Year Old Buddha Found at Garage Sale

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Up here in the Northeast, it’s technically Spring, put the weather is lagging the calendar. But soon it will be yard/garage sale season. So let’s all get out there and hope for the best.

from MarketWatch:

$100 antique discovered at garage sale auctioned off for $2.1 million at Sotheby’s

Antique dealers at the garage sale missed the 1,000-year-old gem

Sotheby
An antique figurine that was purchased at a garage sale for $100 was auctioned off at Sotheby’s for $2.1 million.

A battered Chinese statuette picked up at a Midwest garage sale for $100 was auctioned off at Sotheby’s for a stunning $2.1 million.

The bronze Buddha, which is thought to be over 1,000 years old, skyrocketed past its estimated sale price of just $80,000 in a frenzied seven minutes’ bidding at the auction house in New York.

The unnamed owner reportedly bought it in a garage sale in Kirkwood, Missouri, a suburb of St. Louis, sometime around 1997, she told the PBS program “Antiques Roadshow.”

She put it up for sale after taking it to be valued on a St. Louis episode of the program two years ago. “I almost didn’t have a chance to acquire it, because I was having 15 people for lunch,” she told appraiser Robert Waterhouse on the show. “There was a local person who was a colorful character in Kirkwood, so I really wanted to get to his garage sale (so) I rushed out.”

She added that she paid “probably between $75 and $100, which was a lot for me. It was about 20 years ago.”

Return on investment? A cool 57% per year. Take that, Warren Buffett.

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About the Common Constitutionalist

Brent, aka The Common Constitutionalist, is a Constitutional Conservative, and advocates for first principles, founders original intent and enemy of progressives. He is former Navy, Martial Arts expert. As well as publisher of the Common Constitutionalist blog, he also is a contributing writer for Political Outcast, Godfather Politics, Minute Men News (Liberty Alliance), Freedom Outpost, the Daily Caller, Vision To America and Free Republic. He also writes an exclusive weekly column for World Net Daily (WND).