Wednesday, March 31, 2010

Chinese vase valued at €150 sells for €110,000 at auction

The specialist guide to Asian antiques and exotic home decor from the far east.
March 30, 2010 7:53 am
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Chinese vase valued at €150 sells for €110,000 at auction

“I have a lot of people approach me with inquires about selling porcelain collections they have either inherited or amassed over the years. I am guessing this might be one of the reasons why:”

chinese imperial porcelain vase

THE OWNERS of a Chinese imperial vase which sold for €110,000 at a Co Laois auction on Tuesday – a record-breaking price for ceramics at an Irish antiques sale – plan to sell the remainder of an inherited collection of oriental porcelain.

While the Co Carlow family wish to retain strict anonymity, the auctioneers acting on their behalf said they were unaware of the vase's historical significance and its value when it was consigned for sale. The family did not attend the auction and missed seeing the vase sell for 1,000 times its estimated value.

Durrow-based auctioneers Sheppards said the owners were "shocked but also delighted and chuffed" by the sale. They were also coming to terms with the potential value and importance of the remaining items in the collection.

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