$3 Yard Sale Bowl Sells for $2.22 Million

The big network news story last week was the $2.22 million bowl sold by Sotheby's in London on March 19, 2013. A New York couple had bought the bowl in 2007 for $3. Here are the facts culled from many news stories: The bowl is 5 inches in diameter. It was made during the Northern Song Dynasty (960-1127). Only one other like it is known and that one is in the British Museum. The expensive bowl is white and has a molded leaf decoration outside and an etched flower design inside. The sellers displayed the bowl either on their mantel or a table until recently, when they noticed the high prices being paid for Chinese ceramics. So they had the bowl appraised and Sotheby's listed it for sale at $200,000 to $300,000. When the owners were informed the bowl sold for millions, they emailed back "WOW!!!" The buyer, one of four serious bidders, is considered by many to be the world's foremost dealer in Oriental art. He says he is sure he will be able to sell the bowl.

chinese ceramic bowl

 

 

 

 

 

 

 

 

Photo: Sotheby's

 

Comments  

#2 Auction WoesStarThrower50 2014-01-09 00:43
I imagine that Sotheby's is pretty selective about their buyers but from what I've been reading, they're fortunate the buyer actually paid for the bowl. Not all auction houses have been so lucky, especially for an item this pricy.
#1 $2.2 Million Dollar Yard Sale Bowlreillythewt 2013-03-28 02:00
What a find! Are there marks on the bottom of ancient Chinese ceramics like this?

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