Let's go ahead and conduct a test. I'll buy a handful of paintings from the cheapest spots in town - either a run-of-the-mill flea market, someone's garage sale, or even my 3 year old nephew's preschool classroom - give them a bravado title and extraordinary story, and then sell them in one of the famous auction houses of the world. My guess? With the right mis-attribution, these works could sell for at least $100,000.
Don't just take my word for it! The following are 10 examples of paintings that would be considered junk if they were sold at an ordinary garage sale, but because of their extravagant history, descriptions and estimated value, were sold for millions to the highest bidder: