Bought for $3 at yard sale, bowl sells for $2.2 million
March 21, 2013 -- Updated 0935 GMT (1735 HKT)
- 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
Today's five most popular stories
Part of complete coverage on
September 30, 2014 -- Updated 1550 GMT (2350 HKT)
Experts believe that ISIS may be using a Spanish enclave to bring jihad to Europe.
September 30, 2014 -- Updated 1300 GMT (2100 HKT)
With an efficient subway, inexpensive taxis and a good public bus system, Hong Kong is normally an easy city to navigate ...
September 28, 2014 -- Updated 2332 GMT (0732 HKT)
CNN's Ivan Watson was in the middle of a pro-democracy protest in Hong Kong when things got out of hand.
September 30, 2014 -- Updated 2012 GMT (0412 HKT)
The world's animal population has halved in 40 years as humans put unsustainable demands on Earth, a new report warns.
September 30, 2014 -- Updated 1249 GMT (2049 HKT)
Every day, refugees and migrants risk their lives as they seek a new life. Now, a new report puts a figure to the number of victims.
September 30, 2014 -- Updated 1442 GMT (2242 HKT)
Mainstream commentators must promote positive role models to Muslims feeling victimized, writes Ghaffar Hussain.
September 29, 2014 -- Updated 0613 GMT (1413 HKT)
Two men familiar with inside knowledge of ISIS speak with CNN's Arwa Damon.
Explore CNN's interactive that explains ISIS' roots, what it controls, and where its support comes from.
September 25, 2014 -- Updated 2010 GMT (0410 HKT)
In his first-ever interview as the Emir of Qatar, Sheikh Tamim bin Hamad Al-Thani defended his country against allegations of funding terrorism.
September 27, 2014 -- Updated 1503 GMT (2303 HKT)
The North Korean leader hasn't been seen for weeks, leading to speculation that he is in poor health.
September 24, 2014 -- Updated 0154 GMT (0954 HKT)
Haider al-Abadi hopes airstrikes don't lead to "of another terrorist element" instead of ISIS.
September 25, 2014 -- Updated 1319 GMT (2119 HKT)
The United States couldn't do it on its first try. Neither could the Soviets.
September 24, 2014 -- Updated 1529 GMT (2329 HKT)
CNN's Nima Elbagir reflects on a harrowing trip to Liberia where she covered the deadliest Ebola outbreak in history.
September 26, 2014 -- Updated 1423 GMT (2223 HKT)
Contrary to public opinion, rats can actually save lives -- Apopo's rats have actually saved thousands.
October 1, 2014 -- Updated 1255 GMT (2055 HKT)
Each day, CNN brings you an image capturing a moment to remember, defining the present in our changing world.
Browse through images from CNN teams around the world that you don't always see on news reports.