"Dragon Jar soars to $7.6M" from Antique Trader

Estimated at $10K, Dragon jar soars to $7.6M
Posted by Antique Trader Staff

SAN FRANCISCO — A blue and white porcelain Dragon jar sold for $7,658,000 in the Fine Asian Works of Art sale Dec. 13 at Bonhams & Butterfields in San Francisco. The 360-lot sale brought more than $19 million with the vast majority of the lots fetching multiples of their estimates.

The excitement in the standing-room-only saleroom was palpable, as determined bidders on the telephone and in the audience fought to win the much-coveted jar. Brooke Sivo, the sale’s principal auctioneer and a 22-year veteran of the art world, guided the bidding along until it culminated in the record price.

There was much anticipation and deliberation over the Dragon jar. Following careful presale research and consultation, the firm described the jar conservatively as Qianlong Mark, Late Qing/Republic Period and gave it a presale estimate of $10,000 to $15,000.

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Tags: Brooke Sivo, Dragon Jar, antique vase, chinese jar

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Permalink Reply by Dragonmum on January 4, 2011 at 7:31pm

Chinese antiques are hot hot hot! If you have any nice pieces dating 1930s or older, it's important to get them appraised - then think about having them handled by an auction house known for Oriental Auctions. At one of our local auction houses (that uses LiveAuctioneers as well as local bidding), everything Chinese sold well above pre-auction estimates. Not as much as this, though!!