Chinese Bowl, Sold For $3 at Tag Sale, Brings $2.2M at Auction

chinese bowl sells auction 2 million
Sotheby's Auction House/AP
NEW YORK -- A rare Chinese bowl bought at a tag sale for $3 has sold at a New York auction for more than $2.22 million.

The 1,000-year-old bowl was part of the opening session of Sotheby's fine Chinese ceramics and works of art auction Tuesday. Sotheby's says it was sold to a London dealer for $2.225 million, far above the presale estimate of $200,000 to $300,000.

The person who put the bowl up for auction bought it at a tag sale in 2007 and had it displayed in the living room for several years before becoming curious about its origins and having it examined. The bowl is 5 inches in diameter, white in color and from the Northern Song Dynasty.


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jsimonspicker

As a buyer and seller of antiques, this is what we all dream of. I have never scored that big, but I did buy a box of old letters at an estate sale for $30 that I resold for $2500. I find that it is harder to get a good bargain at an estate sale run by a company as they know what most things are worth. Look for sales held by individuals at websites like www.estatesale.com

April 30 2013 at 2:27 AM Report abuse rate up rate down Reply