FOUND - Chinese Vase Fetches $873,000

Sale Stuns Owner... Sets New Record for Ireland

Video
The vase (pictured) rocketed past a $900 estimate to fetch $873,000 in under ten minutes.

June 23, 2017
By James Massey, What Sells Best News

DURROW, IRELAND (VIDEO) – Sheppard’s Irish Auction House reports, a vase expected to fetch $900 (€800) has shocked its owner by selling for $873,000 (€740,000) and setting a new auction record for Ireland.

The Antiques Trade Gazette reported the 9-inch tall Chinese vase from the Qing Dynasty was taken to the auction house for consignment, by a man who had inherited it from his father.

The $873,000 sale, is thought to be the highest price paid at public auction for an Asian art item in Ireland. And while it surprised everyone, it's not the first time everyone's been surprised by such a sale... as you'll see later.

Only $900 Expected by Seller

Reportedly, when auctioneer Philip Sheppard received the vase, he gave it a conservative estimate of $900 - $1,300 (€800 - €1,200), because he couldn't be certain that it had an imperial tie to it. He explained his decision further in the interview with Antiques Trade Gazette.

“If I can’t be certain it’s an imperial piece, then we estimate based on what it’s worth when it’s not. My job is to connect these pieces to the world of experts via the internet. They come and form opinions and that’s what happened here.”

Bidding War Leaves Seller Stunned

When the bidding started with multiple telephone and internet bidders from around the world. The price reportedly rocketed from an opening bid of $450 to $873,000, in under ten minutes.

The Irish Times reported, when Philip Sheppard informed the seller of the results. “His reaction was silence for a little bit and he said to me that his expectation was to get €800 ($900) for it,” Mr Sheppard said.

Treasures Hidden in Plain Sight

Just a few months ago we reported on another vase which surprised us. The vase was expected to fetch $2,000... but it sold for $1 Million in a London auction.

While our treasure reports are literally filled with these types of discoveries. There's something about Chinese porcelain treasures that continues to stand out.

A number of extremely valuable Chinese ceramics have been found in unusual circumstances, and often hidden in plain sight.

Here's some examples (note: prices may vary due to currency exchange rates and/or buyer premiums which may, or may not, be reflected):

Auction Information

The vase featured in this story was sold by Sheppard’s Irish Auction House on June 17, 2017. At the time of publication, the item was still listed on the Live Auctioneers website as lot number 86.

Top 'Vases' on eBay

See if you can spot a bargain among antique vases on ebay (research prices). Also see, Top 25: Asian Antiques on ebay, worldwide, right now (links open on ebay).


RARE! Antique Chinese Cloisonne Enamel Bronze Dragon Luduan Censer 18th C MARKED

High Bid: $1,609.73
Bids: 26
Time Left:
14h 26m


IMPORTANT CHINESE FAMILLE VERTE BOTTLE VASE KANGXI PERIOD (1662-1722)

High Bid: $1,501.00
Bids: 26
Time Left:
1d 1h 18m


FINE PR 17" 19THC CHINESE FAMILLE VERTE POWDER BLUE VASES & COVERS -CIRCLE MARKS

High Bid: $1,081.95
Bids: 9
Time Left:
5d 15h 19m


Massive Chinese Export 18th century Mandarin Vase

High Bid: $1,025.00
Bids: 39
Time Left:
1d 45m


EARLY 20 TH CENTURY CHINESE FAMILLE ROSE VASE WITH FIGURES & ARTIST SEAL MARK

High Bid: $756.04
Bids: 30
Time Left:
1d 17h 56m


Antonio Da Ros Cenedese MOMENTO Vase

High Bid: $649.00
Bids: 1
Time Left:
5d 7h 17m


ANTIQUE 1900 Emile Galle monumental cameo cut vase - GUARANTEED GENUINE

High Bid: $610.00
Bids: 24
Time Left:
23h 52m


MING QILIN HEXAGONAL JAR / VASE Antique Chinese Porcelain with wooden box MING!

High Bid: $590.00
Bids: 54
Time Left:
1d 9h 54m


Ettore SOTTSASS Art Italian Glass SOL Compote Signed Venini Memphis

High Bid: $514.00
Bids: 20
Time Left:
1d 15h 41m


Asian Antique A Pair Of Old Chinese Porcelain Blue Vases China

High Bid: $510.00
Bids: 11
Time Left:
5d 3h 43m


ANTIQUE CHINESE CARVED AGARWOOD PRAYER BEADS BRACELET CALLIGRAPHY RED BOX

High Bid: $510.00
Bids: 11
Time Left:
6d 2h 1m


FANTASTIC LARGE 1910 ANTIQUE ENGLISH STERLING SILVER BRIDE'S BASKET FLOWER VASE

High Bid: $500.00
Bids: 14
Time Left:
3d 1h 43m


Antique Chinese CANTON for EXPORT Porcelain Vase 18 1/8”

High Bid: $499.00
Bids: 1
Time Left:
19h 2m


LARGE Antique 19th C Chinese Porcelain Famille Rose Sgraffiato Medallion Vase

High Bid: $475.00
Bids: 45
Time Left:
13h 58m


Early Qing Dynasty Antique Chinese Porcelain Vase Blue And White Hand Painted

High Bid: $460.00
Bids: 3
Time Left:
2d 5h 44m


A Chinese Porcelain Jar

High Bid: $455.00
Bids: 37
Time Left:
2d 2h 57m


SUPERB! PAIR Antique Chinese Blue and White Porcelain Vase KANGXI 1662-1722

High Bid: $435.42
Bids: 37
Time Left:
7d 13h 56m


CINA (China): Old Chinese bronze vase

High Bid: $400.00
Bids: 1
Time Left:
5d 14h 49m


Pair of 19th Century Antique Chinese Famille Verte Porcelain 18 Inch Vases

High Bid: $395.00
Bids: 1
Time Left:
2d 2h 55m


antique old persian blue turquoise necklace 14k gold clasp other coral amber sal

High Bid: $385.00
Bids: 26
Time Left:
1d 15h 39m


A Chinese antique white jade carved vase with lotus and boy

High Bid: $363.00
Bids: 9
Time Left:
5d 1h 55m


19C Antique Chinese Porcelain Hexagonal Vase / Mounted As Lamp Blue Hand Paint

High Bid: $355.00
Bids: 1
Time Left:
2d 1m


PAIR OF CHINESE ROSE MANDARIN CANTON PORCELAIN VASES, ORMOLU MOUNT, 19th CENTURY

High Bid: $349.65
Bids: 4
Time Left:
1d 19h 51m


A Chinese antique celadon jade carved vase

High Bid: $338.00
Bids: 2
Time Left:
5d 1h 57m


Important Chinese 17/18th century Cinnabar Sleeve Vase Mark and Period

High Bid: $335.00
Bids: 29
Time Left:
1d 39m