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 / NEWS

'Antiques Roadshow' seller's painting gets valued $1 million — and now he is really scared

The owners of the painting first thought that it was a knockoff since the signature was a bit off.
PUBLISHED DEC 17, 2024
Screenshots showing the valuable painting and the guest (Image source: YouTube/Antiques Roadshow/PBS)
Screenshots showing the valuable painting and the guest (Image source: YouTube/Antiques Roadshow/PBS)

"Antiques Roadshow" has emerged as a platform that not just stuns people with the real value of everyday items in their possession, but also motivates others to pay more attention to heirlooms and old artifacts. Sometimes, items that have been overlooked for decades turn out to be worth millions and this is what a guest, Rue Ferguson learned thanks to expert Colleene Fesko, who appraised an old oil painting of his to about a million dollars.

Screenshot showing the guest, the painting and the expert (Image source: YouTube/Antiques Roadshow/PBS)
Screenshot showing the guest, the painting and the expert (Image source: YouTube/Antiques Roadshow/PBS)

A Missing Masterpiece 

The episode from Corpus Christi, Texas aired way back in 2012, but it has remained etched in the memories of viewers. In the episode, Ferguson brought his family heirloom, an oil painting of a Mexican brick layer for the experts to take a closer look. He shared that the painting was bought by his great-grandparents in 1930, while they were in Mexico. He said that his father suspected that it was from renowned Mexican artist Diego Rivera, but since the singature was slightly off, they thought it was a knockoff. Thus, the painting was kept in their home, hidden behind a door where nobody could see it. 

Screenshots showing a close of El Albanil (Image source: YouTube/Antiques Roadshow/PBS)
Screenshots showing a close of El Albanil (Image source: YouTube/Antiques Roadshow/PBS)

He further shared that the condition of the painting also deteriorated because of which they had to get it restored. Appraiser Colleene Fesko was astonished by the backstory as she said "Oh dear." Fesko then took over to explain the origin of the painting and its significance. She revealed that the painting was indeed made by Deigo Rivera and it is titled 'El Albanil'. She said that the illustrious artist was in his teenage years when he created the piece, which is why the signature is an amateur version of his autograph.

Screenshot showing the signature of Diego Rivera on the painting (Image source: YouTube/Antiques Roadshow/PBS)
Screenshot showing the signature of Diego Rivera on the painting (Image source: YouTube/Antiques Roadshow/PBS)

She claims that the artist painted the piece in 1904 at just 18 years old, but the painting shows all of the traits of his techniques that developed later in the years. Furthermore, the subject, which is a bricklayer, was also in line with Rivera's philosophy of celebrating the working-class heroes of Mexico. Fesko then mentioned that their research indicates that 'El Albanil' was once marked as "missing" in the Mexican City records post-1930.

She said that the painting resurfaced in 1996, 39 years after Rivera's death. A Houston rancher named Rugeley Ferguson, Sr., presented it to Marion Oettinger, then curator of the San Antonio Museum of Art. The painting was then authenticated as 'El Albanil' by Ramon Favela, an expert on Rivera's paintings. 

Screenshot showing the expert talking about the painting (Image source: YouTube/Antiques Roadshow/PBS)
Screenshot showing the expert talking about the painting (Image source: YouTube/Antiques Roadshow/PBS)

A Painting Trifecta

Fesko then informed the guest that he had a 'painting trifecta'. "The painting itself is by a very important artist, it has a terrific history of being purchased in Mexico in 1930, and it's a very beautiful and important painting," she said. She explained that trifectas usually pay pretty well and she would put its estimated retail price between $800,000 and $1 million. The Texan owner was stunned to hear the value and was at a loss for words.

Screenshot showing the guest who is astounded after hearing the appraisel  (Image source: YouTube/Antiques Roadshow/PBS)
Screenshot showing the guest who is astounded after hearing the appraisel (Image source: YouTube/Antiques Roadshow/PBS)

Scared to Keep it Around

Six years after the show aired, a reevaluation estimated the painting's value at $1.2 million to $2.2 million. Speaking on Twin Cities PBS the owner said, "Now I'm really scared to carry it around."



 

The artwork was finally lent to the Antonio Museum of Art as a part of its permanent collection, where people from across the world could take a look at the early masterpieces of Diego Rivera.

MORE ON MARKET REALIST
Seacrest expressed that the player had no way of solving the puzzle with the clues on the board.
1 day ago
Harvey had to shut every contestant up who thought it was a good answer.
1 day ago
Citing affordability as the key issue, the president announced the cap will be rolled out on Jan 20.
1 day ago
The Jonassen family finally aced the Fast Money Round, after a wait of 43 years.
2 days ago
The CRFB estimates the plan would add $5.8 trillion to the national debt over a decade.
2 days ago
Big names like Costco, Reebok, Revlon, Ray Ban, and more have filed lawsuits seeking tariff refunds.
2 days ago
It is clear what Harvey thinks will be a popular gift at the bottom of the cereal box.
2 days ago
Analysts have shared their outlook on stocks that will be in focus for 2026.
3 days ago
Harvey thought that the answer had to be on the board, and he was surprised.
3 days ago
It's safe to say that Harvey didn't think people had the habit of tidying up in the morning.
3 days ago
Harvey was a bit harsh in telling he player that he almost had no chance of winning $20,000
4 days ago
Harvey got lost in the moment and thought the contestants were yelling at him.
4 days ago
Becoming a Costco member comes with a lot of perks like great offers on premium products.
4 days ago
Health and Human Services will withhold funds to five Democratic states over suspicions of fraud.
4 days ago
A potential ruling on the legality of the sweeping tariffs may have huge implications on the economy.
4 days ago
People always tie things like big houses and fancy cars to wealth, but the little things matter more
5 days ago
The company had made use of underhanded tactics to enroll customers to its Prime program.
5 days ago
A gigantic victory for the player who had reportedly purchased their ticket online.
5 days ago
While the guest admitted she was in the antiques business, she was still astonished by the estimate.
5 days ago