Pot o’ Gold: Family’s Old Vase Fetches $83 Million at Small Suburban London Auction House

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LONDON (AP).- It was just an old Chinese vase that had been in the family for 80 years. It turned out to be much more. When the intricately painted 18th-century piece went on the block at Bainbridges, a small suburban London auction house, it sold for a record $83 million Thursday, scooped up by a Chinese buyer. “How do you anticipate the Chinese market?” asked the shocked auctioneer, Peter Bainbridge. “It’s totally on fire.” The sale price was more than 40 times the pre-sale estimate and a record for a Chinese work of art — an outcome Bainbridge called “a fairy tale” for the family who owned the vase. The sellers, who wished to remain anonymous, are the sister and nephew of a deceased elderly woman in the West London suburb of Pinner. The vase had been in the family at least since