Sotheby’s Auction of Fine Chinese Ceramics and Works of Art Brings £14 Million

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LONDON.- Sotheby’s biannual sale of Fine Chinese Ceramics and Works of Art today brought the outstanding total of £14,064,175, well in excess of pre-sale expectations of £5.7-8.2 million. The auction established sell-through rates of 62.8% by lot and 89.3% by value. Headlining the sale was a rare and magnificent Yuan Dynasty Blue and White ‘Peony’ Jar, Guan (illustrated), which sold for the exceptional sum of £2.6 million/$4.1 million, more than six times pre-sale expectations (estimate: £400,000-600,000). The ‘Peony’ Jar, which came to auction from a Private Portuguese Collection, saw competition from four bidders and finally sold to an anonymous buyer on the telephone. Commenting on the extremely strong results of today’s sale, Robert Bradlow, Head of Sotheby’s Fine Chinese Ceramics and Works