Tuesday, May 29, 2007

Sky-high Chinese Emperor's Throne

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Macau casino magnate Stanley Ho paid 13.76 million Hong Kong dollars (1.76 million US) Tuesday for Chinese emperor's throne at an auction here, smashing the previous record price.

The gilt-incised brown lacquered throne of Emperor Kangxi (1662-1772) also fetched higher than the expected 12 million Hong Kong dollars, auction house Christie's said.

The previous record, set by a 18th-19th century Chinese throne, was 477,900 US dollars in New York in 2004.

A pair of tiny famille rose bowls also went under the hammer Tuesday for 50.72 million Hong Kong dollars, beating the previous record of nine million dollars set a decade ago. They had been estimated at 30 million dollars.

The 14-centimeter (5.5-inch) bowls from the Yongzheng period (1723-1735) decorated with peaches growing on branches were bought by London art dealer Eskenazi Ltd.

The two items were among the 90 items sold on Tuesday at the Imperial Sale and among hundreds of lots which are going under the hammer at the four-day Asian art sale.

Source : Breitbart

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