18th century Chinese vase sold for $69.3 million

London, Nov 12: A Chinese vase has created history by attracting the highest ever price paid for a Chinese artwork sold in auction after being sold for a whooping 69.3 million dollars.

The 18th century porcelain vase was sold at a London auction for 43 million pounds or USD 69.3 million on Thursday, Nov 11.

The final price of the vase far exceeded the pre-auction estimated price pegged at about 1.2 million pounds, said auctioneers Bainbridges.

The vase, which was discovered when a house was cleared out, is 16 inches high. A fish motif design endorns the vase.

According to Bainbridges, the vase is believed to have been acquired by an English family during the 1930s or earlier.

Chinese ceramic ware stands one among those antique items, which figure on top of the list of collectors' choice. Chinese ceramic or porcelain is considered as an artform.

It has been developing since the dynastic periods, from Han dynasty (202 BC-220 AD) to Qing dynasty (1644-1911).

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