Loren Krytzer, also known as L.T. or Big L.T., lost his leg in a car accident and his disability checks were barely paying the bills. Krytzer saw a Navajo First Phase Chief’s Blanket that was similar to his blanket -- handed down in the family for generations -- appraised on the Antique Road Show for $350,000-$500,000. He never expected the blanket to be worth that much and went out to get his blanket appraised by John Moran Auctioneers. He was ecstatic to find out his blanket was worth $100,000-$200,000. Come auction day L.T.’s life was forever changed as his 1840/50’s Navajo First Phase Chief’s Blanket sold for $1.5 million and realized at $1.8 million.
The video above tells the story of Krytzer's change of luck with the help of an Altadena auction house.