March 7, 2013 - 15:58 AMT
Armenian-American artist’s works found in garage, estimated at $30mln

Works by an obscure Armenian-American abstract impressionist discovered in a Long Island garage have been appraised at $30 million, The Associated Press reported.

The new owner of the Bellport cottage found thousands of paintings, drawings and journals by Arthur Pinajian. Some pieces already have sold for $500,000. Fifty of his landscapes are currently on exhibit at Manhattan's Fuller Building.

A recently published book by art historian William Innes Homer calls Pinajian's abstractions among the best of his era.

The bungalow was purchased in 2007 by Thomas Schultz.