Arab Today, arab today chinese bowl auctioned for 27m
Last Updated : GMT 12:18:19
Arab Today, arab today
Arab Today, arab today

Rare imperial relic sold

Chinese bowl auctioned for $27m

Arab Today, arab today

Arab Today, arab today Chinese bowl auctioned for $27m

A porcelain bowl, known as the Ruyao Washer
Hong Kong - Arabstoday

A porcelain bowl, known as the Ruyao Washer Hong Kong - Arabstoday An extremely rare Chinese porcelain bowl fetched nearly $27 million Wednesday, smashing presale estimates by about three times, as Sotheby’s wrapped up its season’s sale in Hong Kong. The modest-looking imperial ceramic bowl that was made around 900 years ago had been expected to fetch up to HK$80 million, but it was snapped up by an unidentified telephone bidder for HK$208 million. The price sets a new record for a piece of ceramic from the Northern Song Dynasty (960-1127), according to Sotheby’s, dwarfing the price for a “Guan” Mallet Vase, which went for HK$67.52 million in 2008. “The piece is possibly the greatest masterpiece of Song ceramic that we have ever offered in Hong Kong,” Sotheby’s Asia deputy chairman Nicolas Chow said. “It is a piece of Ruyao, which is probably the most fabled type of Chinese ceramic ever to have been created.” Eight hopefuls competed for over 15 minutes during intense bidding for the extraordinarily rare flower-shaped bowl, which Chow said drew worldwide bidders but “mostly from Asia.” Named after one of five large kilns operating under the Song, “Ru” ceramics are the rarest in China, and it is estimated that only 79 complete pieces remain in the world, most in museums. The “Ruyao Washer” is the only bowl that features an organic floral shape and an opaque glaze. The interest and price is testament to the vitality of Asia’s art market, which has witnessed explosive growth over the past decade – despite disappointing sales last year amid a fragile global economic outlook. Sotheby’s five-day sale – an event viewed as a yardstick of Asian collectors’ sentiment – suggested a rebound in the market. Hong Kong has emerged as one of the biggest auction hubs alongside New York and London, fueled by China’s economic boom and demand from Asian collectors, especially cash-rich mainland Chinese buyers.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today chinese bowl auctioned for 27m Arab Today, arab today chinese bowl auctioned for 27m

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today chinese bowl auctioned for 27m Arab Today, arab today chinese bowl auctioned for 27m

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan

GMT 11:57 2017 Saturday ,06 May

Young, hip Zimbabweans flock

GMT 14:40 2017 Thursday ,04 May

Al-Zaharna turns thermal clay into unique forms

GMT 19:07 2017 Monday ,01 May

Visual artists demand 'fair' share of sales

GMT 12:55 2017 Saturday ,29 April

Prehistoric human DNA is found

GMT 16:34 2017 Wednesday ,26 April

National Library says piracy is down to 56%

GMT 15:36 2017 Sunday ,23 April

Algerian artisan uses glass to express women
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday