08 Apr '11, 7am

Lifestyle - Sotheby's Chinese porcelain auction flops: HONG KONG - A MUCH-ANTICIPATED sale of imperial Chin...

Lifestyle - Sotheby's Chinese porcelain auction flops: HONG KONG - A MUCH-ANTICIPATED sale of imperial Chin...

An auctioneer closes the bidding on a Famille rose (fencai) peach box and cover, from the Jingdezhen imperial kilns, Jiangxi province, Qing Dynasty AD1736-95 at the Sotherby's auction titled 'The Meiyintang Collection' in Hong Kong. -- PHOTO: AFP HONG KONG - A MUCH-ANTICIPATED sale of imperial Chinese porcelain in Hong Kong, billed as one of the world's greatest collections, has received a tepid response from bidders, with many prized lots unsold. The sale of the Meiyintang Collection - 77 pieces of porcelain collected over half a century by a European collector - at Sotheby's on Thursday was expected to be the highlight of its Hong Kong spring sales auction week. Pre-sale estimates for the collection were put between HK$710 million and HK$1.07 billion (S$115 to 173 million) but the collection had fetched about HK$399 million when the hammer fell for the final time. 'There...

Full article: http://www.straitstimes.com/BreakingNews/Lifestyle/Story/...

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