Ming-Dynasty Gold Vessel May Fetch $7.7 million at Sotheby’s

Melted down is not a painting but an antique bowl that have reached the auction block. This gold Ming Dynasty bowl is anticipated to sell off for $30,000, which is almost two-fold of its estimated price around four years ago. Sotheby’s disclosed that at a scheduled Hong Kong auction on 11 April, this masterpiece w would be inviting bids not less than HK$60 million ($7.7 million). Emblazoned with dragons and fitted pearls, turquoise, rubies and sapphires, the three-legged vessel is bejeweled with 1.3 kilograms of 18K gold, which makes it the highlight of Sotheby’s auction amongst 25 other gold and precious-metal objects. Total auction value expected to be generated from this New York-based auction is d HK$100 million.

Via Bloomberg