Bought for $3 at yard sale, bowl sells for $2.2 million
March 21, 2013 -- Updated 0935 GMT (1735 HKT)
- A bowl bought for $3 at a yard sale sold for $2.2 million on Tuesday
- The 1,000-year-old bowl was on display in the previous owner's living room
- Initial estimates valued the bowl at $200,000 to $300,000
(CNN) -- A rare Chinese bowl bought for about $3 from a yard sale in the U.S. sold for $2.2 million at an auction in New York on Tuesday.
The bowl, found in New York state, "was bought for a few dollars from a tag sale near the consignor's home in the summer of 2007," said Cecilia Leung of Sotheby's. "At the time, the purchaser had no idea that they had happened upon a 1,000-year-old treasure."
The previous owner displayed the bowl in their living room for several years before they became curious about its origins and had it assessed, Leung said. Sotheby's pre-sale estimates valued the bowl, which measures just five inches in diameter, at between $200,000 to $300,000.
The 'Ding' bowl is an example of Northern Song Dynasty pottery and described by Sotheby's as "remarkable and exceptionally beautiful."
The only other known bowl of the same size, form and almost identical decoration has been in the collection of the British Museum in London for over 60 years, according to Sotheby's.
The bowl was purchased by London dealer, Giuseppe Eskenazi, for $2,225,000, after a prolonged battle between four bidders.
Rare coin collection set to make a mint
Princess Diana's dress auctioned off
Today's five most popular stories
Part of complete coverage on
November 24, 2014 -- Updated 0051 GMT (0851 HKT)
Where do hip young things hang out in Taiwan?
November 24, 2014 -- Updated 0118 GMT (0918 HKT)
Stunning stations where your first priority won't be finding the nearest exit.
November 24, 2014 -- Updated 1043 GMT (1843 HKT)
A 30-year-old woman has been charged with attempting to kill a baby police say spent five days down a drain before being discovered by cyclists.
November 21, 2014 -- Updated 0121 GMT (0921 HKT)
If it wasn't for a comic's skit, Bill Cosby would still be America's favorite father, says expert.
November 21, 2014 -- Updated 1550 GMT (2350 HKT)
Obama orders the most sweeping overhaul of U.S. immigration in decades, prioritizing the deportation of "felons, not families."
November 18, 2014 -- Updated 2106 GMT (0506 HKT)
Fighters loyal to ISIS are now in control of Derna, a city on Libya's Mediterranean coast.
November 21, 2014 -- Updated 2319 GMT (0719 HKT)
China and likely other countries have the capacity to shut down the U.S. power grid, says the NSA.
November 19, 2014 -- Updated 1945 GMT (0345 HKT)
The founder of a U.S. nonprofit that works with returning soldiers is named CNN's Hero of the Year.
November 17, 2014 -- Updated 1738 GMT (0138 HKT)
A Syrian cleric condemns ISIS and its execution of U.S. hostage Peter Kassig.
November 18, 2014 -- Updated 1729 GMT (0129 HKT)
TV anchor wears the same suit for a year. Female colleague wears new outfit daily. Who gets criticized?
November 24, 2014 -- Updated 1523 GMT (2323 HKT)
Each day, CNN brings you an image capturing a moment to remember, defining the present in our changing world.
Browse through images from CNN teams around the world that you don't always see on news reports.