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This damaged vase sold for £16,100 on eBay. I wonder what it would have been worth if it was in perfect condition. Saying that, I think eBay is good for somethings, but some other things do not really fetch the money that they should do.
This is a true story, a few years ago a friend of mine, who is a furniture dealer, and his wife bought a Chinese vase for themselves from a small shop. They paid about £200 for it because his wife really liked it. He wrapped it up in a blanket and put it in the car to take it home. He forgot all about it and a few days later he went to pick a piece of furniture up and pulled the blanket out, forgetting that the vase was there and smashed it into four or five pieces. His wife told him to forget about it and take it to the shop, she didn’t want to see it again. He took it to the shop and stuck it back together. One of the dealers offered to put it up on eBay and sell it for him. It ended up selling for £2300 on eBay. A few months later it was on the front page of The Trade Gazette, it had sold at Christie’s, if I remember rightly for approximately £124,000.
How amazing is that. I wonder how much that would have been worth if it was perfect.
Lots and lots of money. Maybe Peters Pier one vase could be marketed in that manner.?
Yes, that sounds like a good idea, but you probably would have to smash that one into a thousand pieces.
Never overlook something that is damaged, could be the best thing you ever bought.
That "WAS" quite a superb vase, its a shame about the condition, but it will be restored wonderfully I am sure.
Peter
Peter
You may be interested to see the vase is now up for auction at a provincial house in the UK. Still seems a high estimate considering the damage.
Wow! - They didn't even both having it restored. Just a quick flip... It will be very interesting to see if it sells and if so, what price it reaches.
Yes will be interesting. Perhaps the consignor is the ebay seller , after not being paid. Quite likely!
All vases can be fixed, there are people who can do amazing work, look it up on google
richard severson
Couldnt find the article but there was a vase like this that sold a few years ago. It was famille rose with a lappet petal rim. One petal broken off so the owner hammered the rest off ?
I think it sold for around 1.7 million USD, It probably would've sold for near 12 million had its condition been perfect. There are great restorers out there who can fix these things for the correct amount of money.
The only Chinese thing that is very difficult to restore IMO is glass. The light will never go through it the same even if it looks perfect from the outside.
It is what it is!
Talking about broken Chinese porcelains, as role of thumb, a broken one is worth, in general about 1/10 of no-broken one. But there are exception for those rare porcelains, especially for those master pieces from imperial kiln. It is tough to find good ones.
thanks
Charles
Cj
hi everyone and charles, I just want to say I think the rule for broken if restored fairly well, would be 50 percent of original and higher. I was bidding on a fairly badly damaged plate staples and all unitl it went over a few hundred US. Trust me broken and repaired will still see good money. I get the 50 percent rule form a former teacher.
joe carazola
Regarding the lost value of damaged and restored Asian ceramics, I believe collectors from different countries are more forgiving / pay more for flawed items. In my experience Asian guys (especially the Chinese) really have a problem with any damage / restoration (even good restoration) and therefore I believe Charles's 1/10 rule is correct here, however in Europe people are generally more relaxed and maybe the rule is 1/5 and as Joe points out in the States the collectors/dealers are even more chilled about damage and repairs. - Having said all that, obviously rarity and quality make a massive difference to the overall value and desirability; with or without damage.
For me, living in the UK on a fairly modest buying budget, I'm fine with flaws, damages and old repairs; I don't even mind half a plate if the decoration is spectacular. However, I absolutely have a problem with heavy-handed modern restoration, the type where a piece is 50% over-sprayed to hide a single crack. I think this types of repairs are thankfully going out of fashion. As Joe says "call a horse, a horse", simply stabilize any cracks so they do not get worse, but don't be ashamed of them or hide them to try and dupe an unsuspecting buyer into paying more.
- Do you agree or not?
I would not recommend you pay much to a broken piece unless it is a very rare one. In Chinese market, no matter how well you repair/restore, as long as it has damage, price will be very low. Museum display history, so they may not care about the condition. But Collectors buy antiques to display in their home to “show” for others, so they look for prtfect ones. For painting, furniture, and other Chinese antiques, repair/restore is fine, but not for porcelain. A funny thing is that new jades sell more than old jades, uncared jade stones sell more than carved jades.
Charles
Cj
hi chanrles and thank you for your thoughts on damaged porcelains.
joe carazola
UPDATE: The vase did not meet the estimate and was UNSOLD at auction today.
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