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Tiny bowl breaks record for Chinese ceramics at auction

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(3 Oct 2017) LEADINA 1000-year-old Chinese porcelain bowl from the Song dynasty has broken the world auction record for Chinese ceramics.It sold for 37.7 million U.S. Dollars at a Sotheby's sale in Hong Kong.STORYLINEIt might look small, but this Chinese bowl is a giant in the world of ceramics.It was made 1000 years ago during the Song dynasty - and on Tuesday it sold for 37.7 million U.S. Dollars in Hong Kong.Nicolas Chow from the Sotheby's auction house, which sold the bowl, says ceramics of this quality rarely come along, but this is actually their second in five years:"Last time there was one of kind of similar quality was 1991 and then 2012 and since then the market being broader, that has really brought this one to the market. And we are extraordinarily privileged to have the honour of handling two in such a short period of time," he says.The small, blue-green artwork broke the previous record of 36.05 million U.S. Dollars, set in 2014 for a Ming Dynasty wine cup. The 13-cm bowl, designed to wash brushes, was the court ware of the late Northern Song dynasty (960-1127). Formerly in the collection of the Chang Foundation in Taipei Hongxi Museum, the bowl is one of the only four known pieces in private hands. Sotheby's China & Southeast Asia Senior Specialist, Sam Shum says the bowl sold for more than they expected:"We are very honoured and delighted to sell the Le Cong Tang Collection at this good price," he says.The bowl was sold to an anonymous buyer after a 20-minute bidding battle, but many people turned up to see and bid for it before it went to its new home:"We have clients from mainland China, Taiwan, Japan, America and Europe all converging on Hong Kong this week, just to see this piece," says Chow.You can license this story through AP Archive: http://www.aparchive.com/metadata/you... Find out more about AP Archive: http://www.aparchive.com/HowWeWork

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AP Archive apus085153 2f805b9361d3a3fd1b66d3485899baa5 HZ Hong Kong Art Auction Hong Kong China Greater China East Asia United States Taipei Lifestyle General news
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