A Family Paid $3 for a Bowl at a Yard Sale and Used It as Decor for Years. It Sold for $2.2 Million
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A $3 yard-sale bowl bought in upstate New York sold for $2.2 million at Sotheby's New York on March 19, 2013, after being identified as a roughly 1,000-year-old Northern Song dynasty Ding ware piece. The five-inch bowl had served as living-room decor in the family's home for five to six years before its true provenance was recognized. The sale highlights the potential value embedded in unexamined antiques and the strength of the market for Chinese imperial ceramics, where rare Song dynasty pieces command premium prices from collectors. The result underscores how provenance discoveries can transform household objects into seven-figure assets, drawing attention to authentication and appraisal practices in the trade. Market watchers will be tracking whether similar undocumented Song dynasty wares surface at auction as collectors and estates reassess holdings in light of the result.
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Northern Song dynasty Ding ware bowl, Sotheby's