Man buys Picasso for $14, sells it for $7K

By Robert Kirchgassner,

An unemployed Ohio man purchased a Picasso poster at a Columbus thrift store for $14.14 and, sometime later, sold it online to an anonymous buyer for $7,000.

“A pretty darn good return,” Zachary Bodish said. “Can’t get that at the bank.”

Bodish, 46, wrote about his unique find online in March. He had been supplementing his income by buying and selling furniture.

“I could tell it was not a modern print,” he said of his biggest sale. “So I thought, ‘Well, it’s probably not really a fine Picasso print. What’s the chance of finding that in a thrift store in Columbus, Ohio?”

He added that he discovered the print was authentic when, with a magnifying glass, he realized that faded red writing in the lower right area was where the famous artist’s signature would be. Bodish had the piece authenticated by art experts and an employee from Christie’s auction house. He sold the print privately in April.

With the money it has now brought in, Bodish, who was laid off from his job as a house manager at the Wexner Center for the Arts in 2010, said he plans to pay his mortgage and other bills.

“It’s just been a rough struggle to make ends meet,” he said. “I may have been fated to find it.”

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