US News: Tiny 300-year-old Chinese tea bowl bought for £20 by a British traveller in the 1980s sells for a whopping £40,000 at auction - - PressFrom - United Kingdom
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US NewsTiny 300-year-old Chinese tea bowl bought for £20 by a British traveller in the 1980s sells for a whopping £40,000 at auction

17:10  18 may  2019
17:10  18 may  2019 Source:   dailymail.co.uk

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Value: This 1, 000 - year - old Chinese bowl sold for more than .2 million during the opening session of Sotheby's fine Chinese ceramics and works of art auction in New York on Tuesday. The bowl is from the Northern Song Dynasty. The person who put the bowl up for auction bought it in 2007 and

Chinese tea has been widely disputed over a number of different issues. People aren’t exactly sure when it was born, where it exactly originated from Luan Guapian leaves are considered some of the finest in the world for their unique picking process. Unlike other leaves, where people wait until they

Tiny 300-year-old Chinese tea bowl bought for £20 by a British traveller in the 1980s sells for a whopping £40,000 at auction An almost 300-year-old Chinese tea bowl that was bought for £20 has been sold for £40,000 at auction An almost 300-year-old Chinese tea bowl that was bought by a Briton for £20 has been sold for £40,000 at auction.

The rare 4-inch white porcelain bowl dates from the reign of Emperor Yongzheng (1723-35) and would have been made especially for the Qing dynasty ruler.

It has the six-character mark of Yongzheng in blue on its circular base.

The precious glazed bowl was bought by the vendor from an antique shop in China in the 1980s for just 240 Yuan (£20).

It was given a sale estimate of £8,000 by Sworders Fine Art Auctioneers, however the antique sold for almost four-times this amount.

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A rare Chinese bowl bought for about from a yard sale in the U. S . sold for .2 million at an auction in New York on Tuesday. The 1, 000 - year - old bowl was on display in the previous owner's living room. Initial estimates valued the bowl at 0, 000 to $ 300 , 000 .

One more example of item bought at garage sale for a paltry amount that reached a whopping price at auction . A rare, 1, 000 - year - old Chinese bowl bought for from a garage sale in the U. S . sold for .225 million at Sotheby’s fine Chinese ceramics and works of art auction Tuesday.

The bowl was snapped up by a Hong Kong collector on Friday for £31,000 as a part of Sworders' Asian art auction, with extra fees taking the figure paid to £40,000.

Yexue Li, Asian art specialist at Sworders, said it was one of the big-ticket items of the auction.

'It attracted a lot of interest when we were there - everyone who walked in the gallery spent a lot of time with it,' she said.

Tiny 300-year-old Chinese tea bowl bought for £20 by a British traveller in the 1980s sells for a whopping £40,000 at auction © Provided by Associated Newspapers Limited The 300-year-old bowl was bought by a Briton for £20 in the 1980s from an antique shop in China

'There was a a queue to look at that piece, so we knew it would be a good thing.

'[The seller] bought it from a national antique shop in China in the 1980s for a sum which was not insignificant at the time but it has certainly increased a lot in value.'

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This 10in-diameter bowl sold for a phenomenal £ 1.6million after frenzied bidders from China sent it smashing through its £ 20 , 000 estimate. The bowl was sold by Bainbridge's auction house in Ruislip, Essex - the same saleroom that famously sold a Chinese vase in 2010 for £ 59million.

Since the eighteenth century, the United Kingdom has been one of the world's greatest tea consumers, with an average annual per capita tea supply of 1.9 kg (4.18 lbs). The British Empire was instrumental in spreading tea from China to India; British interests controlled tea production in the subcontinent.

Ms Li said the piece was characteristic of the high quality porcelain created during the reign of Yongzheng.

'This rare piece, which would have been made for the emperor, is of high end quality and remains in very good condition,' she said.

Tiny 300-year-old Chinese tea bowl bought for £20 by a British traveller in the 1980s sells for a whopping £40,000 at auction © Provided by Associated Newspapers Limited The bowl was made for Emperor Yongzheng, who was Chinese emperor between 1722 and 1735 'Chinese porcelain arguably reached its zenith during the reign of Emperor Yongzheng.'

The Hong Kong buyer was well-known to the auction house and was one of many international buyers to get involved in Friday's auction.

Sworders raised £390,000 from the auction, with most of the money coming from China and Hong Kong.

'The buyer is a regular with us, we knew him, we knew he's a very reliable and big buyer,' Ms Li said.

'Many Chinese buyers made the journey to Stansted, supported by plenty of activity on the phones and online.

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Old Chinese , also called Archaic Chinese in older works, is the oldest attested stage of Chinese , and the ancestor of all modern varieties of Chinese .

20 watching. antique chinese crackle style tea bowl with 925 solider sliver mounted . Antique Chinese tea bowl , in blue & white with red and gilt decoration painted over. An 18th century Chinese tea bowl . Dealers note: A good 18th century example in good condition and at a good price.

'The purchase shows the market is still strong for consignment like that.'

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