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Sunday, November 28, 1999, updated at 11:18(GMT+8) Culture Cultural Relics Auction Yields Ten Million Yuan A large number of cultural relics and artworks were auctioned in Tianjin on November 27, bringing in ten million yuan (1.2 million US dollars) in total transactions. More than 600 highly-collectible cultural relics were put on the auction block in the Tianjin Friendship Hotel by the Tianjin International Auction Co. Fifty-eight percent of the items up for bid were sold. A pair of pink bowls with lids made in an official kiln from the Qing Dynasty (1644-1911) sold for 80,000 yuan (more than 9,000 US dollars) after heavy bidding hiked the price over the opening bid of 20,000 yuan. Another official-kiln-made basin dating back to the Song Dynasty (960-1127) was bought for a remarkable price of 1.15 million yuan (over 130,000 dollars) by an anonymous Chinese buyer. A charitable auction of 802 rare silver coins from the Qing Dynasty, discovered during a renovation project on old buildings in the city, was also held Wednesday. The highest price paid for a single coin was 4,000 yuan (nearly 500 dollars). Sales from the coin auction will be donated to Project Hope, a national educational campaign which provides financial aid to rural areas in China, according to the organizer. The coins were unearthed in the 80-year-old courtyard of Meng Luochuan, who is the 69th generation grandson of Mencius (372 B.C.- 289 B.C.), China's well known philosopher, politician and academician during the Warring States Period (403 B.C.-221 B.C.). Chinese and overseas artworks collectors were noticeably more active in this Tianjin Auction Fair, the last one to be held in this century. Printer-friendly Version In This SectionSearch Back to top Copyright by People's Daily Online, All rights reserved |
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