American's dirty blanket sold for $ 1,5 million

Photos from personal archive

A California resident sold an old bedspread, which he called for several years like dirty old stuff, for a half million dollars. This was reported in the plot of the channel CNBC.

For a long time, Kritzer lived on disability benefits - $200 a month. Previously, due to a car accident, his leg was amputated. He could no longer support his children, so he sent them to relatives. Meanwhile, he started drinking.

Photos from personal archive

At one time he inherited a blanket from his grandmother when she died. He came to her house for the books she promised. His mother and sister had already taken most of the grandmother's things, but no one wanted to take a blanket, which was also dirty. It was used in childbirth cats.

Kritzer constantly heard from relatives that he wouldn’t give for this blanket and $ 10. Once he saw on television a similar blanket of an Indian tribe Navajo in the episode “Antiques Roadshow, Which was valued at $ 500 thousand. The man remembered that he had a similar blanket in the closet.

Plot frame

He turned to several antique dealers, but no one believed that a blanket was worth half a million. Then he went to the auction house John Moran, reports CNBC.

Photos from personal archive

He was studied, and it turned out that this blanket belonged to the leader of the Navajo. Six months later, the blanket sold for 1,5 a million dollars after the antiquarian war, which was won by the same person who appeared in the episode “Antiques Roadshow”Don Ellis. He later resold it to collectors for 1,8 million.

After paying all taxes, Kritzer received $ 1,3 million for a blanket that served as bedding for kittens for several years.

Photos from personal archive

Lucky said that immediately after the auction distant relatives remembered him, and he was also subjected to threats and blackmail. His sister threatened to sue him, but then changed her mind.

“It was just hard to understand,” he says. “I mean, I've worked hard all my life. I was a builder, I didn’t buy anything, but always rented. I bought used cars because that's all I could afford. I’ve been getting paid all my life.”

Most of the profits Kritzer invested in stocks and some municipal bonds, and also bought two houses: one worth $ 250 thousands, in which he lives with his wife Lisa. The second house he rents.

He also bought a luxury car. Dodge Challenger SRT8 2012 year.

Photos from personal archive

Photos from personal archive

“I’ve never had anything like this, so I needed a good car, and I did, I bought it,” he says.

Then he went on a cruise with his wife and her three daughters as a honeymoon.

“I’ve never been on a cruise ship,” Kritzer explains.

Money helped improve Kritzer's health: he sits less and moves more, especially he likes to spend time outdoors.

However, in general, as he says, his money has not changed.

The couple is now selling their home and want to move north to Idaho, where taxes are not so burdensome and life is more accessible.

“Home taxes there are half of what they are here,” Kritzer explains. “I think if I can go there, I'll keep what I have, buy another house... and maybe try to get some part-time work...”

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