Rare Ming dynasty vase sells for USD 1.3 million

Image
Press Trust of India New York
Last Updated : Jan 24 2013 | 2:10 AM IST

The blue and white moonflask had previously been owned by a family for decades who had kept it on a wooden stand and used it as a doorstop in their Long Island home, before spotting a similar piece in a Sotheby's advertisement.

The vase was part of Sotheby's sale that raised nearly USD 27 million.

Along with the rare Ming Dynasty moonflask, other highlights included a Wucai 'fish' jar and cover which had been owned by the Walters Museum in Baltimore.

It was sold to benefit the Asian Art Acquisitions Fund and fetched nearly USD 2 million.

Dr Tao Wang, who was recently appointed head of the Chinese Works of Art Department at Sotheby's New York, said he was "thrilled" with the result of the first auction he has attended there.

"We saw exceptional demand across the sale which drove the total to such heights," Wang was quoted as saying by the BBC.

The historical artifacts in the sale included an imperial jade seal which sold for the highest price of the auction, at nearly USD 3.5 million.

Another discovery was a pair of 17th century armchairs which had been given to a church in Victoria, Canada.

They had been used frequently by the clergy and the congregation, and sold for USD 7,58,500.

  

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 16 2012 | 3:17 PM IST

Next Story