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Bought for US$3, sold for millions
Source: Agencies |
March 21, 2013, Thursday
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Print Edition
Print Edition
A 1,000-year-old Chinese bowl that was bought for a few dollars at a garage sale in New York state sold for more than US$2.2 million at auction on Tuesday.
An unnamed New York family bought the "Ding" bowl, which is from the Northern Song Dynasty, for no more than US$3 in 2007 and displayed it on a mantelpiece with no idea as to its real worth, Sotheby's said.
After consulting with experts, the owners consigned the bowl for auction. Sotheby's estimated it would sell for US$200,000 to US$300,000. London dealer Giuseppe Eskenazi paid US$2,225,000 including commission for the bowl, which measures just over five inches in diameter, at the auction in New York City.
An unnamed New York family bought the "Ding" bowl, which is from the Northern Song Dynasty, for no more than US$3 in 2007 and displayed it on a mantelpiece with no idea as to its real worth, Sotheby's said.
After consulting with experts, the owners consigned the bowl for auction. Sotheby's estimated it would sell for US$200,000 to US$300,000. London dealer Giuseppe Eskenazi paid US$2,225,000 including commission for the bowl, which measures just over five inches in diameter, at the auction in New York City.
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