US$722,000 for a US$35 yard sale bowl
Print Edition
A RARE 15th century porcelain bowl made in China that somehow turned up at a Connecticut yard sale and sold for just US$35 was auctioned on Wednesday for nearly US$722,000.
The small white bowl adorned with cobalt blue paintings of flowers and other designs 鈥 one of only seven such bowls known to exist in the world 鈥 was among a variety of Chinese works of art sold by Sotheby鈥檚 as part of its Asia Week events.
Sotheby鈥檚 had estimated the value of the artifact at US$300,000 to US$500,000. Wednesday鈥檚 auction included 15 bids, starting at US$200,000 from someone online and ending at US$580,000 from another person bidding by phone. The official purchase price, which included various fees, was US$721,800.
An antiques enthusiast came across the Ming Dynasty-era (1368-1644) piece and thought it could be something special when browsing a yard sale in the New Haven area last year, according to Sotheby鈥檚. The buyer later emailed information and photos to Sotheby鈥檚 asking for an evaluation.
鈥淭oday鈥檚 result for this exceptionally rare floral bowl, dating to the 15th century, epitomizes the incredible, once in a lifetime discovery stories that we dream about as specialists in the Chinese Art field,鈥 Angela McAteer, head of Sotheby鈥檚 Chinese Works of Art Department, said in a statement.
Sotheby鈥檚 confirmed it was from the 1400s when they were able to look at it in person 鈥 there are no scientific tests, only the trained eyes and hands of specialists.
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