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	<title>Chinese art &#8211; Spress</title>
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		<title>Porcelain bowls bought from the second hand market is only 35 USD, and sells for more than 700,000 USD</title>
		<link>https://en.spress.net/porcelain-bowls-bought-from-the-second-hand-market-is-only-35-usd-and-sells-for-more-than-700000-usd/</link>
		
		<dc:creator><![CDATA[Duy Anh]]></dc:creator>
		<pubDate>Wed, 21 Apr 2021 08:07:07 +0000</pubDate>
				<category><![CDATA[Architecture]]></category>
		<category><![CDATA[Angela McAteer]]></category>
		<category><![CDATA[Auction]]></category>
		<category><![CDATA[bought]]></category>
		<category><![CDATA[bowls]]></category>
		<category><![CDATA[Ceramic bowl]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Chinese art]]></category>
		<category><![CDATA[England museum]]></category>
		<category><![CDATA[hand]]></category>
		<category><![CDATA[Industry]]></category>
		<category><![CDATA[Initial price]]></category>
		<category><![CDATA[King Dynasty]]></category>
		<category><![CDATA[Lotus flower]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[Ming Dynasty]]></category>
		<category><![CDATA[Minh Thanh To]]></category>
		<category><![CDATA[New Haven]]></category>
		<category><![CDATA[peony]]></category>
		<category><![CDATA[Porcelain]]></category>
		<category><![CDATA[Relic]]></category>
		<category><![CDATA[sells]]></category>
		<category><![CDATA[shocking]]></category>
		<category><![CDATA[Smooth]]></category>
		<category><![CDATA[State of Connecticut]]></category>
		<category><![CDATA[Treasure]]></category>
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					<description><![CDATA[A porcelain bowl bought from a second hand market for $ 35 is identified as a precious antiquity and priced at $ 500,000. However, the actual selling price is even more startling, up to more than 700,000 USD. The porcelain bowl was bought by the owner from a second hand market in New Haven, Connecticut [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>A porcelain bowl bought from a second hand market for $ 35 is identified as a precious antiquity and priced at $ 500,000. However, the actual selling price is even more startling, up to more than 700,000 USD.</strong><br />
<span id="more-5559"></span> The porcelain bowl was bought by the owner from a second hand market in New Haven, Connecticut in the US in 2020 for only 35 USD, has just been sold for 721,800 USD at the auction house Sotheby&#8217;s. <em> CNN</em> reported on March 18.</p>
<p> The bowl, identified as a rare Ming-era antiquity, even achieved a much higher selling price than Sotheby&#8217;s initial valuation of $ 300,000-500,000. It sold for $ 721,800, nearly 29,000 times the original purchase price from the second hand market. <img decoding="async" loading="lazy" src="https://photo-baomoi.zadn.vn/w700_r1/2021_03_18_119_38246565/408cf449c20b2b55721a.jpg" width="625" height="468"> <em> The lotus bowl originating from the reign of Emperor Minh Thanh To has just been sold for $ 721,800. Photo: Sotheby&#8217;s. </em> The bowl is white with delicate motifs of lotus flowers, peony flowers, chrysanthemums and pomegranates. The diameter of the bowl is about 15 cm. While auction organizer Sotheby&#8217;s did not disclose the identity of the owner who bought the precious bowl, Sotheby&#8217;s head of the Chinese arts department, Angela McAteer, told <em> CNN</em> By phone prior to the March 17 auction, the person who found the bowl at a second hand market did not haggle when buying it for an asking price of 35 USD. Immediately after buying, he sent a photo of the bowl to auction specialists, and it was immediately identified as an object of historical significance. &#8220;Instinctively we have a very, very good feeling about the bowl,&#8221; said Ms. McAteer. After more thorough examination, experts identified this antiquity &#8211; also known as the &#8220;lotus bowl&#8221; &#8211; produced by the Ming court during the reign of Emperor Minh Thanh To (1403-1424) &#8211; during period is famous for its special sophisticated porcelain technique. &#8220;The bowl has an extremely smooth porcelain body and the glossy enamel is not abrasive,&#8221; Ms. McAteer said. <img decoding="async" loading="lazy" class="lazy-img" src="https://photo-baomoi.zadn.vn/w700_r1/2021_03_18_119_38246565/dca66b635d21b47fed30.jpg" width="625" height="353"> <em> The industry of making this bowl is no longer found in later dynasties. Photo: Sotheby&#8217;s. </em> The bowl-making industry was not replicated in the later Ming dynasties, nor in successive dynasties, Ms. McAteer added. According to representatives of Sotheby&#8217;s, there are only 6 bowls in the world similar to antiques found in Connecticut, including those on display at the National Palace Museum in Taipei, the British Museum and Victoria &amp; Albert Museum in London.</p>
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