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The 1,000-year-old Chinese Song Dynasty bowl sold for $ 37.7 million in Hong Kong on Tuesday, surpassing the record for Chinese ceramics, said Sotheby's auction house.
The small piece, which dates from 960-1127, stole the previous record of $ 36.5 million in 2014 for the Ming Dynasty Wine Cup, which was eliminated by a Shanghai tycoon who is known for making eyebrows.
The person who won the winning bid on Tuesday wishes to remain anonymous, says Sotheby's, while the auction house refuses to say whether the buyer has come from the Chinese mainland or not.
"It's an entirely new benchmark for Chinese ceramics, and today we are making history with this song," said Nicolas Chow, Sotheby's Asia Vice President, to journalists.
The offer began to move around $ 10.2 million, with a auction lasting about 20 minutes, as a handful of phone participants and one person in the room competed alone.
The winning offer eventually came from one of the participants in the phone and was received by applause.
The bowl - originally designed to wash brushes - is an example of very rare Chinese porcelain from the Northern Dynasty of Songs and one of four such pieces in private hands, according to Sotheby.
By measuring a diameter of 13 cm, a blue glaze shines on the bowl.
– ‘Chicken cup’ –
The price tag exceeds the earlier record made by a tiny white piece known as the “Chicken Cup”, decorated with a colour painting of a rooster and a hen tending to their chicks, and created during the reign of the Chenghua Emperor between 1465 and 1487.
That cup sold in 2014 to taxi-driver-turned-financier Liu Yiqian, one of China’s wealthiest people and among a new class of Chinese super-rich scouring the globe for artwork and antiquities.
He famously drank tea from the dainty vessel after his purchase, causing something of a social media meltdown in China at the time.
In recent years Liu, who has built his own museum in Shanghai, has made a series of record-breaking bids and has become China’s highest profile art collector.
More recently he has turned to acquiring Western masterpieces.
In 2015 he splashed out on Modigliani’s “Nu Couche” or “Reclining Nude” for more than US$170 million at Christie’s in what was then the second highest price ever paid at auction for a work of art.
An ongoing anti-corruption drive in mainland China has done little to dent feverish bidding in Hong Kong’s auction houses.
Earlier this year a giant diamond named the “Pink Star” broke the world record for a gemstone sold at auction when it fetched US$71.2 million.
The 59.60-carat rock was sold to the city’s Chow Tai Fook jewellery chain which has a strong presence across East Asia.
Last year the city’s auction houses set a new record for the most expensive designer handbag — a diamond-encrusted crocodile-skin Hermes handbag with white gold details that sold for US$300,000.
China’s various dynasties were renowned for their fine ceramics with the Song period often regarded as producing some of the region’s most superb examples.
Song ceramics are particularly known for their subtlety, simplicity and exquisite glazing and have long been among the most sought after objects for collectors.
❤ ❤ 2348050417551 available for a good time ... spill TEA.... Easy on Shade #jaiyeorie
– ‘Chicken cup’ –
The price tag exceeds the earlier record made by a tiny white piece known as the “Chicken Cup”, decorated with a colour painting of a rooster and a hen tending to their chicks, and created during the reign of the Chenghua Emperor between 1465 and 1487.
That cup sold in 2014 to taxi-driver-turned-financier Liu Yiqian, one of China’s wealthiest people and among a new class of Chinese super-rich scouring the globe for artwork and antiquities.
He famously drank tea from the dainty vessel after his purchase, causing something of a social media meltdown in China at the time.
In recent years Liu, who has built his own museum in Shanghai, has made a series of record-breaking bids and has become China’s highest profile art collector.
More recently he has turned to acquiring Western masterpieces.
In 2015 he splashed out on Modigliani’s “Nu Couche” or “Reclining Nude” for more than US$170 million at Christie’s in what was then the second highest price ever paid at auction for a work of art.
An ongoing anti-corruption drive in mainland China has done little to dent feverish bidding in Hong Kong’s auction houses.
Earlier this year a giant diamond named the “Pink Star” broke the world record for a gemstone sold at auction when it fetched US$71.2 million.
The 59.60-carat rock was sold to the city’s Chow Tai Fook jewellery chain which has a strong presence across East Asia.
Last year the city’s auction houses set a new record for the most expensive designer handbag — a diamond-encrusted crocodile-skin Hermes handbag with white gold details that sold for US$300,000.
China’s various dynasties were renowned for their fine ceramics with the Song period often regarded as producing some of the region’s most superb examples.
Song ceramics are particularly known for their subtlety, simplicity and exquisite glazing and have long been among the most sought after objects for collectors.
❤ ❤ 2348050417551 available for a good time ... spill TEA.... Easy on Shade #jaiyeorie
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