Rare Chinese bowl bought at yard sale sells for over $721K at auction

Mar 17, 2021 | c2bmanager |

Is this unusual? Yes. 99.99% of stuff found at yard sales etc. are worth exactly as advertised. Nonetheless, you can still score by selling your stuff, even if it’s not five figures.

 

A 6-inch Chinese porcelain bowl that was bought for $35 at a Connecticut yard sale was sold at auction Wednesday for a staggering $721,800, which includes a buyer’s premium.

 

It was expected to fetch between $300,000 and $500,000 at Sotheby’s on the Upper East Side. The hammer price, which does not include the buyer’s premium and overhead premium, was $580,000.

 

The name of the winning bidder in the Sotheby’s Auction of Important Chinese Art auction is private.

 

The Ming Dynasty-era bowl — one of only seven such items to exist in the world — was made in the shape of a lotus bud or chicken heart and dates back to the Yongle emperor in the 15th century…

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