Thursday, June 14, 2012

A University accidentally sold a $1 MILLION sculpture for little more than $150

UC Berkeley is feeling the heat for a massive mistake that led them to sell an incredibly valuable piece of art for less than the price of an iPod Touch.

The piece is a redwood carving from famous artist Sargent Johnson, one of the first African American sculptors from California to achieve wide renoun for his work. 

The pieceo of art was a pipe organ covering that was forgotten in storage after Berkeley took over the building it was housed in. An art dealer paid exactly $164.63 for the piece. 

Later, the piece was being sold at around $1 million, to the Huntington Library of San Marino. Even the smallest Sargent Johnson works have reached prices of over $100,000.