From WSJ: You too can own a Warhol or a Renoir—if you’re okay with postage-size art and napkins:
Small items—overlooked gems, dashed-off scribbles, even scraps artists may have assumed were headed for the garbage—are increasingly being auctioned off to an eager and growing audience.
In the last year, a Florida couple successfully bid on their first work of art—a postage-stamp sized sketch by Pierre-Auguste Renoir—for $6,250. At another auction, a signed napkin Andy Warhol covered with squiggly lines fetched $1,395. For less than $4,000 each, collectors nabbed a Pablo Picasso ceramic bowl emblazoned with a bullfighter and letters Henri Matisse adorned with fanciful doodles.