GUEST: This is a painting that I picked up from a garage sale. And we bought a new place and were driving around for a while, and I noticed this kind of a dirt-covered painting on the garage sale, so I stopped my wife and said, "Hey, honey, let's go look at the painting." And she thought that this is one of the not-so-beautiful looking paintings. And as I was kind of walking toward it, the wind blew it over, and you can see some of the damages that, you know, wind made as it dropped over. And I asked the lady, "How much is it?" And she said, "It's a dollar." And so I picked it up, and I came home, and I didn't really know about this painter. So I looked up his name on the Internet. And apparently he's some national painter in the Philippines, and there are some records of his painting in the Internet, but that's all I know about it.
APPRAISER: The painting is signed and dated. It's H.R. Ocampo in '77. And it is by Hernando Ocampo. He died in 1978, so this is quite late for his work.
GUEST: Wow.
APPRAISER: I think this is a really interesting artist, because most painters, their values are... there's a high point in their career, and often it's early in their career. People say, "Well, it's an early work or it's a late work or it's a mature work." He started really as a serious painter in 1938 as a group of painters called the 13 Modernists. All Filipino, modern painters. And his work completely transformed over the course of his life. You've probably heard of Amorsolo, who's the most famous of the Filipino painters. And his work really evolved from that. That was the taking-off point. Learned from the master, Amorsolo. And then by 1968, he's into this kind of format, which is abstracted, but it's inspired by the Philippine flora and fauna, this sort of tonally unified approach. The painting is executed in oil on canvas. And this is fairly typical for the size that he did with his late work. What's interesting about this work is that locally, at auction, I think right now in 2013, you'd be looking at an estimate of $4,000 to $6,000. But interestingly enough, and this wouldn't be too much trouble, if you get it to Hong Kong, which is where the market really is, you'd be looking at a value of $7,000 to $10,000.
GUEST: Wow, fantastic.