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Wednesday, February 28, 2024

Vase sells for record-breaking £43m

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A Chinese vase discovered in a house clearance in a London suburb has sold for a world record-breaking £43 million.
The 18th century Qianlong porcelain vase is believed to have fetched the highest price for any Chinese artwork sold at auction.
Offered to buyers at Bainbridges in Ruislip, north-west London, the auctioneer described it as one of the most important Chinese vases to go on sale this century.
The 16-inch high piece had been discovered during a routine house clearance in the north-west London suburb of Pinner.
A posting on the auctioneer’s blog said: “It is a masterpiece. If only it could talk!”
The vase is understood to have been carried off by a private buyer from China.
The eye-watering price it fetched surpassed the expectations of the auctioneer and the owners, a brother and sister who had inherited it.
Helen Porter of Bainbridges said: “They had no idea what they had. They were hopeful but they didn’t dare believe until the hammer went down. When it did, the sister had to go out of the room and have a breath of fresh air.”
The vase, which is decorated with a fish motif, had been estimated to fetch between £800,000 and £1.2 million.
But the auction attracted many Chinese buyers keen to get their hands on a piece of their imperial past, and bids went sky high.

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