Doubts hang over Chinese vase record sale - Financial Times

Posted : Sunday 10 April 2011

Have raised issues about the State of the sale of a previously undocumented Qing dynasty imperial vessel in a bungalow in Pinner, North London, which was sold to an anonymous buyer of Chinese for a price of Hammer of 43 million pounds sterling in a suburban house of auction in Novemberin the middle of reports that the client has not been paid.


The sale provides a new point of reference for the price of porcelain China, eclipsing the record £ 18. 2 m paid just weeks before by another vase, made by the emperor Qianlong (1711-99), in Hong Kong of Sotheby's by Alice Cheng business magnate. Also surpassed the previous record of any work of Chinese art, the Rmb 436 m ($ 63 m) paid by a displacement of calligraphy of 11th century sold at international auction of Poly in Beijing in June 2010.When asked, Peter Bainbridge, the auctioneer in of Ruislip Bainbridge that organized the sale on November 11, could not confirm that his client had paid, only indicating that he had been ordered by customers not to discuss the matter and pointing out that it was not unusual for any businessman to experience a delay in payment.


The appearance of a piece unique and completely unknown in such an unlikely scenario led many to speculate about the authenticity of the glass. "Isn't well defined to say that it is correct," explains the respected London dealer in Chinese art Giuseppe Eskenazi: "is not an obvious fake and several authorities familiar with, including the late Julian Thompson [a former Chairman of Sotheby's], believes in it completely." However, shortly after the sale, James Lally, a dealer in New York which sees the piece in London, said CNBC: "I am very skeptical..."?"There are a number of people that is not convincing." Between the bids on behalf of clients, however, was Nicholas Chow, Vice President of Asia Sotheby's and the Department of ceramics of head of Sotheby's China International and works of art.


No one disputes that collectors were willing to bid huge sums to the glass. Had come to the block with an estimate of 800,000 pounds sterling-£ 1. 2 m, although experts believed could be obtained more than 10 million pounds. 25 Million pounds, it record figure, there are still five bidders in the running. "It was an unbelievable price," says Mr Eskenazi, reflecting the thirst of works of art with an imperial mark or provenance Chinese.


Traditionally, it was the purity and simplicity of the first products of the Song dynasty that appealed to collectors in the East and West. The new generation of billionaires mainland China, however, preferred the showy, technical visits-of-force produced for the big three of the century XVIII emperors of the Qing dynasty. The buyer of the vessel Pinner opulent, complex is believed to be a wealthy collector of Beijing.


On Friday, Hong Kong Sotheby's revealed the Meiyintang of exceptional imperial porcelain, the latest collection of connoisseur European classic collection of Chinese ceramics.Waiting more than HK$ 710 m (91 million dollars) on 7 April, includes a glass of falangcai (exterior color) decorated with Golden pheasants (shown in the center of the main image), described by Nicholas Chow as "the last trophy of the Qing dynasty to any great collector of Chinese porcelain".Prior to this sale, suppliers, collectors, dealers and auctioneers are keen to know if in the vase Pinner really set a new record for a work of Chinese art or not.


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