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Alexander Calder Necklace: $267,750

This woman from Philadelphia was shopping for herself at a flea market. She then came across a piece of jewelry that really reflected her taste. It was a bold jewelry that she felt would make a nice addition to her collection. Three years following the time she bought the necklace, she made an eye-opening discovery.  She found out that the jewelry she had bought bore a very close resemblance to the jewelry displayed by the Philadelphia Art Museum. In fact, the jewelry she bought was the work of Alexander Calder. She made it a point to inform the Calder Foundation in New York and was informed that the necklace was indeed an authentic Calder jewelry. The woman went to Christie’s, First Open Sale of Post-War & Contemporary Art to see the jewelry and did so selling it for $267,750.