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Chinese Bowl Purchased for $3 Sells for $2.23M

Posted: Mar. 20th, 2013  |  By DailyLuxe News

Photo: Sotheby's/ AP

Here is one that will bowl you over!

A Chinese bowl purchased at a New York state tag sale for $3.00 sold for $2.23 million at an auction that featured fine Chinese ceramics in New York City.  The item had been setting on a shelf in a living room of a residence in northern New York since 2007, reports ABC News.

 The only bowl in the world known to match it has been on display at the British Museum in London for 60 years. The bowl, which is 1,000 years old, is from theNorthern Song Dynasty. It sold at a recently held auction by Sotheby’s, the second largest high-end auction house in the world.

Hearing about the value of fine Chinese ceramics prompted the previous owners, whom prefer to remain anonymous to have their old, white bowl appraised.

London dealer Giuseppe Eskenazi eventually won, with his bid of $2,225,000. The bowl had a presale estimate of $200,000 to $300,000, the auction house said.

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