Ming-Era Cloisonné Pomegranate Box Sells for £288,000 at Auction
A Ming-era cloisonné pomegranate box, bought for £19 in 1946, sold for £288,000 after being rediscovered in an attic. The auction estimate was £6,000 to £10,000.
What Happened?
A Ming-era cloisonné pomegranate box, bought for £19 in 1946, sold for £288,000 after being rediscovered in an attic. The auction estimate was £6,000 to £10,000.
AI Quick Summary
A Ming-era cloisonné box bought for £19 in 1946 sold for £288,000 after rediscovery.
Key points
- The cloisonné pomegranate box was bought for £19 in 1946.
- It was rediscovered in a family attic after remaining unnoticed for decades.
- The auction estimate was between £6,000 and £10,000.
- Competitive bidding raised the final sale price to £288,000.
- The box dates back to the Ming dynasty and features the Xuande reign mark.
- Only five Xuande-marked pomegranate boxes are known to exist.
Key insights
- The high sale price indicates a strong market interest in rare historical artifacts.
- The rediscovery of the box may prompt further interest in similar collectibles.
- The auction's competitive nature reflects the growing demand for Asian art.
Why it matters
The sale highlights the significant value of historical collectibles and their potential to appreciate over time.
Tags
Entities
Source
Times of India