GUEST
Now, my aunt had purchased it in 1929 when she was on a cruise to Alaska with her brother, my Uncle Harold. And she loved this painting. Loved it, and so did I. I was an executrix on my great-aunt's estate in California, and in her will, she wanted things to go to the schools and to relatives and so forth. I then put everything I could into certain galleries to sell, and I went over at the auction and I bought it back. And I paid $3,200 for it.
APPRAISER
Right.
GUEST
And the ladies asked me today whether I thought that was a lot of money. And I said, "I really didn't care." I wanted that painting, because it meant a lot to my aunt. And she liked Sydney Laurence, even though he was a scoundrel, as we all know.
APPRAISER
How long ago was this?
GUEST
1991.
APPRAISER
I wanted to look at the back just for a moment. When you brought it in, you showed me the label on the reverse, and it is dated 1929.
GUEST
Mm-hmm.
APPRAISER
And titled "The Northern Lights." This is a label that is Sydney Laurence's label. You know something about Sydney Laurence's life.
GUEST
Oh... Well, that's why I was surprised that my aunt really liked him so much. He was a gentleman that left his family, his wife and children, in England. With nothing!
APPRAISER
Right.
And moved to Alaska and became... (clears throat)
...quite a... gentleman. (laughing) Whatever you want to call him.
APPRAISER
Right. (laughter)
GUEST
If you'd forgive me, I'm trying not to say anything nasty. But he wasn't that
good of a husband or a father. APPRAISER
Yeah, no. Well, he was born in Brooklyn in 1865, went to a military academy, trained at the National Academy of Design and married in 1889, I believe it was. And they went right off to England, to St. Ives in Cornwall, where he studied with the St. Ives group there.
GUEST
Yeah.
APPRAISER
I believe his son was born there.
GUEST
Yep.
APPRAISER
And then off he went.
GUEST
Leaving them behind.
APPRAISER
1903.
GUEST
Yes, yes.
APPRAISER
And he is known as one of Alaska's great painters. There's not many people who painted up there at this time, and he really loved the North. In a gallery today, I would probably price it about $20,000 to $30,000. So, it's certain... There's been a tremendous growth in the interest in these Alaskan paintings, particularly...
GUEST
Did you say $20,000 to $30,000?
APPRAISER
I said $20,000 to $30,000.
GUEST
Then I made a very good investment, didn't I?
APPRAISER
You did.
GUEST (laughing)
You bet I did.
APPRAISER
You bet you did.
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