GUEST: A friend of mine had known this family that owned an art gallery, and it had gone out of business about 20 years prior, and they had put everything in this storage unit. The son had come to clean out the storage unit about ten years ago, and was selling everything for half price of what the original 20-year-old price was. So I purchased it and another piece from him out of the storage unit.
APPRAISER: Right. Well, it is a Warhol. Most people, I think, are familiar with Warhol images. They're ubiquitous-- universal images like Marilyn and Brillo boxes and the Campbell's Soup cans. People might not be as familiar with an image like this. It is one of Warhol's earliest prints. It's a poster that he made for a film festival at Lincoln Center. And it has two important aspects of Pop Art in it. The colors-- first of all, you can see, they're very bright. You see that often in Warhol's work. It is a color silkscreen. And also in that it uses an everyday object and makes it into art. In this case, an oversized ticket, appropriately for the film festival. The edition printed on paper, which you have here, is an edition of 500 copies. There were another 250 made on plastic, which Warhol signed and numbered. The edition of 500 on paper is unsigned and not numbered. How much did you buy this for?
GUEST: $150.
APPRAISER: Well, I can tell you first of all, the edition you have here, printed on paper, one of 500, sells for around $1,500. The print that you find printed on plastic-- the edition of 250-- typically sells at auction for around $3,000. But still, $1,500 for a $150 purchase—not bad.
GUEST: Ten times more money.
