Picked up for 3 bucks, Chinese bowl goes for $2.2 million at auction

jeff of pa

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A Chinese bowl that a New York family picked up for $3 at a garage sale turned out to be a 1,000-year-old treasure and has sold at auction for $2.2 million.
The bowl — ceramic, 5 inches in diameter and with a saw-tooth pattern etched around the outside — went to a London dealer, Giuseppe Eskenazi, at Sotheby’s auction house in New York on Tuesday.


Sotheby’s said the bowl was from the Northern Song Dynasty, which ruled China from 960 to 1127 and is known for its cultural and artistic advances.

the auction house said the only other known bowl of similar size and design has been in the collection of the British Museum for more than 60 years. The house had estimated that this one would sell for $200,000 to $300,000.

Picked up for 3 bucks, Chinese bowl goes for $2.2 million at auction - U.S. News
 

This is why I still hit the garage sales! Unbelievable!
 

Perhaps the most incredible thing is that it was bought by a dealer. Surely it's not on spec either. He has a client willing to pay him a premium on top of the sales price in order to maintain his anonymity.
 

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