Chinese Porcelain bowl shatters World Record price
The Song Dynasty bowl tripled both its estimate and the World Record price in Hong Kong
Paul Fraser Collectibles, Wednesday 11 April 2012
Yet again, the desire of super-rich Chinese collectors to own the finest pieces led to an extraordinary sale - this time breaking the World Record price for a piece of Song Dynasty porcelain.
And by breaking we mean smashing - the previous record of HK$67.52M (US$8.69m) was more than tripled as the innocuous-looking bowl sold for a remarkable HK$208m (US$26.7m).
The sale made headlines around the world, and further demonstrated the strength of traditional Chinese Art which continues to drive the international auction markets in 2012.
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Images: International Business Times