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$83 Million Bid for Chinese Vase Not Paid
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March 2011

The $83 million dollar Chinese vase (Kovels Komments, Nov 17, 2010) may not be worth that much after all. The winning phone bid, said to be by a Chinese industrialist, was never paid and may have been part of a Chinese government plot. The London Sun newspaper says it may have been an effort by the Chinese to protest the sale of looted historical treasures. The owners of the inherited vase are now facing a fight with the tax man who charged them inheritance tax of about $19.4 million. Looks like lawyers will get into this tangle. (based on information from Auction Central News International)

reticulated chinese vase

 

 

 

 

 

 

 

 

 

 

  Comments
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  ULTRAVIOLET   |03-16-2011 16:27:32  
Wow! What a scam! I hope the family didn't go on an early spending spree!
  suzyspinkmoon   |03-16-2011 21:47:49  
Is it possible to prove that your Chinese treasure isn't considered looted
historical treasures. If so what can you use as proof? Thanx!
Suzy
  ttomsson  - Has It Been resolved yet?   |03-23-2011 20:49:07  
Yes this is a scam but how can you prove it was stolen out of china during the
war and is not the spoils of war looted from some families home without
provenance there is just no way to trace it.Maybe try to donate to a museum and
leave it at that that winning bidder is long gone no real way to trace just a
lot of probably "dead Ends" I hope they are able to resolve this and
move on
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