Sotheby’s: Record Set for a London Sale of Fine Chinese Ceramics and Works of Art

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LONDON.- Sotheby’s biannual sale of Fine Chinese Ceramics and Works of Art today brought the well-above estimate total of £20,798,725, surpassing pre-sale expectations of £11.5-16.2 million, setting a record for a London auction in this collecting category. The sale, which established sell-through rates of 72.3% by lot and 84.8% by value, witnessed rare and important works of art from private UK collections perform especially well. Headlining the pieces in the auction that were sourced from private UK collections was the sale of a Rare Blue and White ‘Dragon’ Vase Qianlong Seal Mark and Period, which sold for the exceptional sum of £1,138,850/$1,864,867, more than 16 times pre-sale expectations (est: £50,000-70,000). The ‘Dragon’ Vase came to auction from a private Scottish collection and saw intense competition from several bidders, finally selling