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
July 30, 2014 -- Updated 1818 GMT (0218 HKT)
While aspects of the fighting in Gaza resemble earlier clashes, this time feels different, writes military analyst Rick Francona.
July 31, 2014 -- Updated 0354 GMT (1154 HKT)
If India and the U.S. were Facebook friends, the relationship between them would undoubtedly be "complicated." Can the U.S. Secretary of State's visit change that?
July 30, 2014 -- Updated 1438 GMT (2238 HKT)
The death of an American from Ebola fuels fears of the further global spread of the virus.
July 30, 2014 -- Updated 1835 GMT (0235 HKT)
Take a look inside Airbus' new -- and surprisingly quiet -- A350XWB.
July 31, 2014 -- Updated 1108 GMT (1908 HKT)
Flowers, a teddy bear and the smells of jet fuel and death haunt the MH17 crash site.
July 30, 2014 -- Updated 1206 GMT (2006 HKT)
Nearly two weeks after MH17 was blown out of the sky, Dutch investigators have yet to lay eyes on the wreckage. How useful will it be now?
July 30, 2014 -- Updated 1510 GMT (2310 HKT)
The U.S. and EU are imposing new sanctions on Moscow -- but will they have any effect?
This looks like a ghost ship, but it's actually the site of a tense international standoff between the Philippines and China.
July 26, 2014 -- Updated 0048 GMT (0848 HKT)
Sure, Fido is a brown Lab. But inside, he may also be a little green.
July 28, 2014 -- Updated 1303 GMT (2103 HKT)
Photograph of an undisclosed location by Patrycja Makowska
Patrycja Makowska likes to give enigmatic names to the extraordinarily beautiful photographs she shoots of crumbling palaces.
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