Summary by Ground NewsA Chinese vase that had an estimate of $2,000 went for an eye-popping $9 million at an auction in France. The Osenat auction house apparently low-balled the ‘Tianqiuping’ style because it wasn’t sure how old it was—but potential buyers had other ideas. ARTnews reports that a fierce bidding war erupted, ending with an anonymous Chinese buyer winning with a price that was more than 4,000 times the estimate.
2 months ago·Paris, France
Chinese vase valued below $2,000 sells for nearly $9 million after bidding frenzy
A Chinese vase expected to fetch €1,500-€2,000 (around $1,470-$1,960) at auction has sold for more than €9 million ($8.8 million) after a bidding war between collectors.
2 months ago·Atlanta, United StatesRead Full Article
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