A Very Rare Rhinoceros Horn Cup From China, Sold at Hotel des Ventes in Geneva for a Record Price

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GENEVA.- The Hôtel des Ventes auction house has sold a Chinese libation cup made from a rhinoceros horn carved in high relief with 5 chilongs and dating from the Qing period between the 17th and 18th centuries, as part of their extensive spring sale which has just come to an end. Estimated conservatively at CHF 10,000 to CHF 15,000 by the specialists, this cup (lot 769) changed ownership for the sum of CHF 365,000, over 30 times its estimate, after a fierce battle between the multitude of Chinese collectors present in the room and anonymous telephone bidders. After minutes of intense competition, the hammer finally went down for the winning bid of the representative in the room of a Chinese client. This sale constitutes a record price unmatched in Switzerland for the auction of an Asian object of this sort and figures in the list of the 10 highest sale prices in Europe for a similar object. Bernard Piguet, Director an