Posted on 03/17/2021 12:40:14 PM PDT by nickcarraway
A 6-inch Chinese porcelain bowl that was bought for $35 at a Connecticut yard sale was sold at auction Wednesday for a staggering $721,800, which includes a buyer’s premium.
It was expected to fetch between $300,000 and $500,000 at Sotheby’s on the Upper East Side. The hammer price, which does not include the buyer’s premium and overhead premium, was $580,000.
The name of the winning bidder in the Sotheby’s Auction of Important Chinese Art auction is private.
(Excerpt) Read more at nypost.com ...
I know a guy who bought a verified Grant Wood painting at a garage sale for $25, it was supposedly worth $30K.
I picked up a Kathe Kollwitz work for $10 at an estate sale and was told it was worth $5K
Berne wants $400,000 in capital gains tax on that sale.
I went to Vegas in a $30,000 Cadillac and came home on a $200,000 Greyhound bus!
Dog food!
That valuable bowl....and our dog’s bowls are both *Made in China*..Who woulda thunk it!
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