Garage Find Sells For $2.2 Million

Started by HuffingtonPost, Mar 20, 2013, 01:30 PM

HuffingtonPost



NEW YORK, March 19 (Reuters) - 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 $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 $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 $200,000 to  $300,000. London dealer Giuseppe Eskenazi paid $2,225,000  including commission for the bowl, which measures just over five  inches (12.7 cm) in diameter, at the auction in New York City.                

Sotheby's said the only known bowl of the same form, size  and almost identical decoration has been in the collection of  the British Museum in London for more than 60 years.        (Reporting by Chris Michaud; Editing by Patricia Reaney and  Paul Simao)

Via: HuffingtonPost