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A small porcelain bowl bought for US$35 at a Connecticut yard sale turned out to be a rare, 15th century Chinese artefact. Photo: AP

Rare bowl from China’s Ming dynasty found at US yard sale, could be worth up to US$500,000

  • The 15th century Chinese artefact was bought at a sale in Connecticut for US$35 and will be auctioned by Sotheby’s on March 17
  • Ceramics experts said it was painted for the court of Emperor Yongle who ruled from 1402 to 1424, and there are only six known bowls like it in the world

How about this for bargain-hunting? A small bowl bought for US$35 in a yard sale in the US turned out to be a rare 15th century Chinese artefact possibly worth US$500,000.

The porcelain bowl – with delicate floral motifs – was acquired by a buyer, whose identity is being kept secret, in the northeastern state of Connecticut.

The buyer had the item appraised by ceramics experts at Sotheby’s, first by sending photos, then by taking it into the auction house for a closer look.

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Experts said it was painted for the court of Emperor Yongle, the third emperor of the Ming dynasty who ruled from 1402 to 1424.

“There are only six [other] such bowls known in the world. It is a very exclusive group,” said Angela McAteer, head of Chinese artworks at Sotheby’s in New York.

Sotheby’s will put the newly discovered seventh bowl up for auction on March 17, when it is expected to sell for between US$300,000 and US$500,000.

Five of the bowls are in museums: two in Taiwan, two in London and one in Tehran.

The sixth was last seen on the market in 2007, said McAteer, meaning interest in the auction from private collectors and institutions is likely to be keen.

The small porcelain bowl will be offered in Sotheby's Auction of Important Chinese Art, in New York, on March 17. Photo: AP

Many Chinese artworks entered collections in the West in the 19th century before being passed down through generations.

But McAteer says experts are unlikely to ever know exactly how the bowl made its way from China to the junk sale.

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