ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Couple finds out their $60 painting bought in 1980 is a Bob Ross original sold by the man himself

The couple sold it for $10,000 before it was found on eBay where it was listed for over $18,000.
PUBLISHED SEP 3, 2024
Cover image source: Bob Ross jubiantly holding up paint pallette and brushes. Getty Images | Photo by Acey Harper
Cover image source: Bob Ross jubiantly holding up paint pallette and brushes. Getty Images | Photo by Acey Harper

A $60 painting that was an impulsive purchase from a strange seller turned out to be an incredible find for a Minnesota couple. Back in 1980, Larry Walton purchased a framed painting of the Alaskan northern lights in a winter night sky, which reminded him of his bush pilot days. About 21 years later, the couple got the shock of a lifetime when they found out that the painting came from the famous painter and host of "The Joy of Painting," Bob Ross, and it was worth $10,000. 

TV painting instructor/artist Bob Ross | Getty Images | Photo by Acey Harper
TV painting instructor/artist Bob Ross | Getty Images | Photo by Acey Harper

According to a Brainerd Dispatch report, Larry bought the painting from a peculiar artist at a fair in Anchorage. The dazzling northern lights in the dark winter sky struck Larry as he got into a friendly conversation with the seller. However, after a few years, the framed painting of the wooden cabin in a valley failed to meet the needs of their new home and was hung in the garage. It remained there for several decades, exposed only to artificial light and preserved in almost museum quality atmosphere. 

Screenshot from a video | YouTube | Bob Ross
Screenshot from a video | YouTube | Bob Ross

Finally, when the couple decided to move to a retirement community, the painting was re-discovered by their son-in-law, Chri Kovacs. He took a closer look at the artwork and had a hunch that he had seen it somewhere before.

“I recently got a (YouTube) recommendation for a painting regarding Bob Ross and northern lights,” Chris told Brainerd. While he didn't watch the video, he thought it was the same one as the painting hung in the garage. On his way back home, he called his brother-in-law and asked him to check if he was right. Turns out Kovacs was right and it was indeed a Bob Ross original. 

The painting featured in the 13th episode of the eighth season of “The Joy of Painting,” which aired on PBS. In the episode, Ross shares complete instructions to paint the scenery as he turns a blank canvas into a masterpiece.



 

Since the show only debuted three years after Larry bought the painting, he had no idea that the strange seller at the fair was Bob Ross himself. “He was an interesting guy to talk to, he’d been a lot of places, and I’d been to a lot of places,” Larry recalled.

While the Waltons were shocked to find out about the origin of the painting, their minds were further blown away when they got a valuation for it. Ryan Nelson of Modern Artifact art gallery in Minneapolis showed interest in buying the painting and paid the couple $10,000 for the incredible find. As per the report, the painting ended up on eBay where it was listed for over $18,000. 



 

Nelson shared with Brainerd that buying and collecting Ross paintings had been a mission of his life. His Minneapolis art gallery was responsible for buying and selling more of Ross’ work than any other in the world. He further added that unlike most of the other artwork he purchases, Ross’ paintings are typically bought from the original owner like in the case of Larry.

MORE ON MARKET REALIST
Numbers gathered by economists show that Trump's claims in his WSJ piece are misinformed at best.
55 minutes ago
While the ownership rate rebounded after years of decline, millennials still feel cost is a hurdle.
22 hours ago
TrumpRx costs may be as much as 80% less than normal listings, though actual savings may differ.
1 day ago
The Amazon boss laid off a third of The Washington Post employees, including reporters on duty.
1 day ago
Members are now required to scan their membership cards simply to get inside a Costco store.
1 day ago
Natalie's younger daughter Bailey couldn't hold back her tears after her mother won a grand total of $63,990.
1 day ago
It seemed at one point that the contestant might have missed her chance to win big.
1 day ago
The FDA recently slapped a Class-II warning label on the product, which was sold by the thousands.
1 day ago
The city's law dictates that all businesses using such surveillance tech must make it public.
1 day ago
"I mean, if he came in and said, 'I want to raise them' ... he would not have gotten the job," Trump emphasized on Warsh's role.
2 days ago
He also claimed that such billionaires pay their taxes and give their wealth back to the community.
2 days ago
"Best sliced aged white cheddar in the market that’s farmer-owned and uses zero hormones, zero RBSt, and zero GMO in dairy," a user wrote.
2 days ago
Griffin expressed unease over alleged favoritism, saying that CEOs find it repulsive that the government interacts with corporate America.
2 days ago
"Daniel solved the "bear hug" and continued hugging people, even hugging a car! He was a spectacular sight today," a fan reacted.
2 days ago
While the official website says contributions could grow over $1 million, the details are unclear.
2 days ago
Fans of the show loved what Jennings had discovered and made their feelings known.
2 days ago
The contestant took the advice of her man, who was in the studio audience.
3 days ago
Under this scheme, home buyers will have three years to pay the down payment.
3 days ago
The labeling error meant that the bottles did not show a lot number and expiration date.
3 days ago
The achievement puts the retailer in a list dominated by tech companies.
3 days ago