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Storage auction yields million dollar payday on rediscovered Willem DeKooning.

Screen Shot 2018 10 01 at 16.18.23

 This who-gets-hurt locker turned out to be a treasure chest.

A Chelsea gallery owner who blindly plunked down $15,000 for a storage locker only to find it held a trove of fine art made more than 100-times his investment at auction Sunday — with one piece alone fetching $1,000,000.

“I was hoping for the ‘M’ word,” said David Killen — and he got it when bidding for an untitled work by Dutch abstract expressionist Willem de Kooning closed for the cool million dollars at Killen’s West 25th Street gallery.

To read more:

https://nypost.com/2018/10/14/locker-blindly-purchased-for-15k-yields-millions-at-auction/Screen Shot 2018 10 01 at 16.18.23

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AAD REPORTS

AAD REPORTS   Reports, news and opinion from Art-Antiques-Design.com