Chinese vase and pot smash estimate by 333,000%

A Chinese vase and pot sold for £200,000 ($304,634) at Taylor's Auction Rooms in Montrose, Angus on February 7 - smashing an estimate of £60 ($91) by a massive 333,233%.

porcelain China
Chinese porcelain is traditionally painted by hand

Salesroom manager Jonathan Taylor told the Scottish Daily Record: "The lot has sold well above our first estimate and for more than we initially thought it was worth.

"Unfortunately, we can't say much more at this time while we are still waiting for the sale to be finalised. What I can say is that all parties are very pleased with the outcome and it this beats our previous salesroom record."

The lot is the latest in a series of cases where Chinese porcelain has sold for an enormous increase on estimate. It takes real expertise to determine the value of such items, with the result that pieces often slip under the radar at auction.

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