Value of Titanic Folk Art Reverse Painting?


catb22

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A friend acquired this painting and I'm am hoping to get a ballpark idea of it's value. Thanks in advance for any info.
 

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My great grandmother had that same painting in her living room. Sadly it deteriorated over the years to the point that we just threw it out. I've seen the same several times in antiques shops for $100 - $195. My great aunt told me they were sold door to door shortly after the sinking.
 
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I wouldn't have it in my home even if you paid me $195. Or $1950. But for $19500 it could hang in the restroom. Charley Smith - "we just threw it out." Well done.
 
I wouldn't have it in my home even if you paid me $195. Or $1950. But for $19500 it could hang in the restroom. Charley Smith - "we just threw it out." Well done.
It was very badly done, childlike actually. I asked my great grandmother what it was and she explained it to me. My great grandfather had been a waterman and worked on boats all his life. He was very upset about the Titanic and when they came door to door selling these museum pieces (lol) he wanted one. It was my first hearing about the Titanic - I was only 4 or so. I would have kept it for sentimental reasons, but almost all the paint had flaked off from being in an unheated room for years.
 
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