Chinese Vase Sells for 10,000 Times Estimate in Swiss Auction

Two bidders competed to send a Chinese vase to a record 5 million Swiss francs in Geneva. The pre-sale estimate for the piece was 500 to 800 Swiss francs.

"Including the commission, the vase will cost the Asian buyer CHF6.08 million ($6.1 million)," auctioneer Olivier Fichot told the AFP news agency. 

The auction house, Genève-Enchères, had listed the piece as a 23-inch tall vase with three blue dragons on a yellow background, possibly dating from the early 20th century yet with an 18th century Qianlong seal. The auctioneer said their estimate was conservative and that the piece was difficult to date accurately.

 

More News Feed Headlines

Antonio Banderas plays Pablo Picasso in NatGeo's "Genius: Picasso" anthology series.

Antonio Banderas Portrays Picasso in 'Genius' Series

  • April 19, 2018 23:05

Actor Antonio Banderas, a native of Spain, seems to be perfectly cast as Pablo Picasso in ...

Read More

Dorothea Tanning (1910-2012), The Temptation of St.  Anthony, painted in 1945-1946.  Oil on canvas in the artist's painted frame.  47⅞ x 35⅞ in (121.4 x 91.2 cm).  Estimate: $400,000-600,000.  This work is offered in the Impressionist and Modern Art Day Sale on 16 May at Christie’s in New York

Artwork from La Salle University Collection Hits the Auction Block

  • April 18, 2018 13:00

Philadelphia's La Salle University is unloading a trove of 46 American and European artworks from ...

Read More

THOMAS WILMER DEWING, The White Dress.  Oil on canvas.

Judge Rules for Berkshire Museum Sales of Norman Rockwell, Other Artworks

  • April 06, 2018 14:33

A Massachusetts judge on Thursday gave the final approval for Berkshire Museum's controversial ...

Read More

John Constable, Dedham from Langham, 1813.

Constable Painting Returned to Heir in Notable Swiss Restitution Case

  • April 04, 2018 22:31

Switzerland has a sparse history in returning Nazi-looted art to rightful heirs. A recent case ...

Read More

Related Press Releases

Related Events from ArtfixDaily Calendar