Skip to main content

Bought for $3 at yard sale, bowl sells for $2.2 million

By Georgia McCafferty, for CNN
March 21, 2013 -- Updated 0935 GMT (1735 HKT)
STORY HIGHLIGHTS
  • A bowl bought for $3 at a yard sale sold for $2.2 million on Tuesday
  • The 1,000-year-old bowl was on display in the previous owner's living room
  • Initial estimates valued the bowl at $200,000 to $300,000

(CNN) -- A rare Chinese bowl bought for about $3 from a yard sale in the U.S. sold for $2.2 million at an auction in New York on Tuesday.

The bowl, found in New York state, "was bought for a few dollars from a tag sale near the consignor's home in the summer of 2007," said Cecilia Leung of Sotheby's. "At the time, the purchaser had no idea that they had happened upon a 1,000-year-old treasure."

The previous owner displayed the bowl in their living room for several years before they became curious about its origins and had it assessed, Leung said. Sotheby's pre-sale estimates valued the bowl, which measures just five inches in diameter, at between $200,000 to $300,000.

The 'Ding' bowl is an example of Northern Song Dynasty pottery and described by Sotheby's as "remarkable and exceptionally beautiful."

The only other known bowl of the same size, form and almost identical decoration has been in the collection of the British Museum in London for over 60 years, according to Sotheby's.

The bowl was purchased by London dealer, Giuseppe Eskenazi, for $2,225,000, after a prolonged battle between four bidders.

Rare coin collection set to make a mint

Princess Diana's dress auctioned off

ADVERTISEMENT
Part of complete coverage on
August 27, 2014 -- Updated 0023 GMT (0823 HKT)
Wilson Raj Perumal tells CNN how he rigged World Cup games: "I was giving orders to the coach."
August 29, 2014 -- Updated 0823 GMT (1623 HKT)
He should be toddling around a playground. Instead, his tiny hands grip an AK-47.
August 29, 2014 -- Updated 1652 GMT (0052 HKT)
CNN's Will Ripley travels to North Korea, visiting an international wrestling festival and a slide-filled water park.
August 28, 2014 -- Updated 0920 GMT (1720 HKT)
Our whole solar system appears to be inside a searing gas bubble, scientists say.
August 28, 2014 -- Updated 1230 GMT (2030 HKT)
In a raid on a luxury apartment complex, agents caught up with a French-Algerian man they accuse of bringing back terror to Europe.
August 28, 2014 -- Updated 0002 GMT (0802 HKT)
One journalist murdered, another still being held by ISIS -- a ransom negotiator talks to CNN about trying to get a hostage home alive.
August 27, 2014 -- Updated 1228 GMT (2028 HKT)
Was a police officer justified in shooting and killing Michael Brown?
August 28, 2014 -- Updated 1654 GMT (0054 HKT)
Don't like the country you live in? Meet the people who created their own "micronations."
August 29, 2014 -- Updated 1835 GMT (0235 HKT)
South Africa Music Legends stamps
Artist Hendrik Gericke puts a spotlight on iconic performers from South Africa in these incredible monochrome illustrations.
August 26, 2014 -- Updated 0946 GMT (1746 HKT)
We asked you what you would like to know about Ebola. Experts answer some of your most common questions and concerns.
CNN joins the fight to end modern-day slavery by shining a spotlight on its horrors and highlighting success stories.
Browse through images from CNN teams around the world that you don't always see on news reports.
ADVERTISEMENT