…Always amazed that people see this as a good auction result, when to me it appears like a huge flaw in the valuation process of the auction house…
I too collect Chinese ceramics and dream lol.
Its just unfortunate that 99.9% of what looks like the real thing are fakes.
I think the Lincolnshire piece has been very undersold and that the auction house has probably done the family a great disservice in not properly researching the item first or casting the advertising net wider.
The winning bidder got a bargain and is likely to turn around and sell it for 20 plus million.
Now I wish I could find a Speedmaster pre-moon for 40 bucks!
This was my feeling as well when I saw that the Ru-ware saucer had sold for $38000000
Wholly molly. I only just noticed that too at the foot of the article article. That changes things somewhat 🙁 Doh
Yeah your telling me, unfortunately there probably isn't much comeback on the auctioneers for being useless dipsticks!
In this case sheer incompetence at the most basic level, I feel certain that any google search of Ru ceramics would have very quickly pointed out the rarity and the recent auction price realisations, shame you cant sue them.
I think the issue for the auctioneer of a general auction would be having the depth of knowledge to identify it as such in the first place. I can't imagine it is marked "Ru' on the bottom and I would assume Chinese ceramics and pottery are extremely specialist areas.
