Thursday, October 25, 2007

Dumped oil painting 'worth $1m'


Despite its adventures, the painting is in excellent condition

A painting stolen 20 years ago then found lying in a pile of rubbish on a New York City street could fetch up to $1m (£488,000) at auction next month.

The 1970 painting Tres Personajes (Three People) by Mexican artist Rufino Tamayo was taken from a warehouse where the owners had placed it while moving.

It was found by Elizabeth Gibson as she took her morning walk four years ago on Manhattan's Upper West Side.

It is now being sold by the widow of the original owner.

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