SFGate. A woman from California wanted to sell an old painting that had been in the family for decades to help pay for her daughter’s tuition. She expected only some thousand dollars but it was sold for $620,900. Even though the painting is unsigned, it is believed to be made by a 17-century Italian artist, Pier Francesco Mola. The painting belonged to the seller’s grandmother and was shipped to the United States from Italy after her grandmother passed away. The family said that they could not believe what was going on was real and that they were really thankful for their late grandmother. So what do they do with the money? "We'll use the money for tuition and maybe pay off the mortgage,” she said.