A man who became rich with two blankets he inherited from his oldest grandmother

A man who became rich with two blankets he inherited from his oldest grandmother. In 2007, a man named Loren Krytzer lost one of his legs in a car accident and became paralyzed.

At the same time, he went to his house to collect his books, as he had promised, as his grandmother had died. By the time he got home, his sister and mother had stole everything good from Grandma’s leftovers. For him, his sister threw two blankets, which had been used since his grandparents’ time, and threw them in front of him.

One of the two blankets was a soft Hudson’s Bay brand blanket and the other was an old blanket used as a bed for his grandmother’s kittens.

As a grandmother’s heir, he inherited two old blankets that no one in his siblings’ family wanted. “I do not want a blanket that is so dirty and old,” she recalled, recalling her sister and mother.

He is disabled and eventually moved to California with his wife, Lisa. They decided to move into a friend’s small house near Palmdale and reduced their rent to $ 700, leaving the couple with about $ 200 left. In 2011, Loren was watching an episode of a TV show called Antiques Roadshow.

He did not pay much attention to the large number of artifacts on display on the show, but one of the many artifacts attracted him so much that he was shocked.

He was shocked to find that one of the most unwanted, dirty blankets he had inherited from his grandmother was a rare Indian original Navajo, valued at about $ 500,000.

“I stopped watching TV,” she said. Then he took the blanket and looked at it carefully. “I checked to see if the streaks on the TV blanket were the same as the ones on my blanket. I checked to see if the lines matched.”

After checking, he realized that the blanket on the TV was almost identical to his blanket. Krytzer visited his mother’s home and showed the video to his mother. Then the mother said, “Yes, it is good.

“But no one will even pay you $ 10 for this.” Krytzer was too far away to contact the first antiquities dealer. While searching online, he encountered frustrated people and, as a last resort, contacted John Moran Auctioneers, a local family-owned auction house that specializes in selling Native American antiques.

After contacting Krytzer, he drove for 30 minutes and dropped the blanket in front of Jeff Moran, owner of Moran Company, one of the largest auction houses for auction.

Krytzer replied that the blanket belonged to John Chantland, a merchant from his great-great-grandfather, Dakota, who lived in the 1800s. It was confirmed that it was one of the blankets of the Nevajo district chief.

The auction lasted only 77 seconds. Krytzer’s blanket started with a tender price of $ 150,000 and then $ 500,000. It then went up to $ 1 million, winning the final bid of $ 1.5 million. After paying taxes, Krytzer received $ 1.3 million for a blanket.

Loren Krytzer, who suffered a broken leg and lost his job and was discouraged by the need for money, including caring for his children, became a millionaire at an auction house in California.

The heritage of our grandparents is enjoyed only by those who “deserve it.” I wish you all a very happy and healthy life.