A Chinese pot went under the hammer at HRD Auction Rooms in Brading this morning (Tuesday) for a staggering £152,000 – despite having an estimate of just £300-500.
The early 19th-century porcelain pot was described in the catalogue as an old and circular pot with cover featuring a decorative floral design and turquoise interior, measuring 21cm in diameter. The pot, with good character markings, came complete with a decorative carved wooden stand.
It wasn’t long until it became clear that bidding was going well above the estimate, with the price continuing to climb. The gavel finally came down at £152,000 – but the buyer will have to pay a Buyer’s Premium taking the total amount to £182,400. A round of applause filled the room.
Warren Riches of HRD Auction Rooms has explained to Island Echo that the rare colouration and shape of the pot, as well as its immaculate condition, is what led to the high sale price. He also explained that Chinese porcelain is a fickle and difficult area of expertise to get right in terms of estimating its value.
A second bowl – imperial yellow in colour with a good character mark – also sold at auction today for £42,000. It was guided at just £150-250 and described as being 17cm in diameter depicting scrollwork flowers with a Reign Mark to the base.
It is thought that the bowls will almost certainly be going into the hands of a private collector.
Also from the same Isle of Wight estate as the 2 previously mentioned lots was a pair of miniature cloisonne baluster vases, measuring just 11cm tall. They were guided at £200-300 and sold for £12,000.
“It’s great for the business to be able to bounce back in such a good way after being shut for almost 2 years during the COVID pandemic”.
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