Goodwill painting fetches $165,000

In FAKE I describe how my business partner Ken Fetterman once found an authentic painting by Oscar Berninghaus at a Goodwill store in Sacramento, and eventually sold it for $18,500. While this was one of the most memorable treasures we unearthed, it wasn't the only one. I was regularly amazed by the things people tossed into donation bins.

Someone recently sent me this story about a watercolor by Frank Benson that was donated to Goodwill and auctioned for $165,000. Had it not been for the keen eye of a Goodwill employee, this donation might have gone unnoticed, and ended up in a store priced at $40.