This white jade figure depicting a chariot and riders streaked past its pre-sale estimate of $300 to $500 to realize $40,210.
BOYNTON BEACH, Fla. — A Chinese hand-carved white jade sculpture galloped past its pre-sale estimate and sold for nearly 100 times its expected price at an auction sponsored by Elite Decorative Arts.
The sale, held July 13, featured Chinese works and fine decorative arts, but the jaw-dropper of the event came when the figure depicting a chariot with horses and riders sold for $40,120. It’s pre-sale estimate listed at $300 to $500.
“We expected the jade to hold its own, but I don’t think anyone in the company was prepared for the results we achieved,” said Scott Cieckiewicz of Elite Decorative Arts.
The figurine was the top lot in the sale, which saw 242 lots change hands. Offers came mostly from approximately 30 phone bidders. About 100 people attended the event live. In addition, nearly 1,500 Internet bidders logged in. Internet bids were facilitated by a number of domestic and international firms, including LiveAuctioneers.com, Artfact.com and Auctionzip.com.
The sale’s second top lot was a Chinese hand-carved celadon green jade moon flask vase, depicting a coastal scene to one side and a landscape scene with two men to the other. Featuring a silver-inlay fitted wood base and a silk fitted presentation box, the vase went to a determined bidder for $37,760.
This moon flask vase with wood-and-silver-inlay base realized $37,760.
Two other lots cracked the $30,000 mark. One was an antique Chinese Qing Dynasty period (circa 1796-1820) hand-carved celadon jade figural mountain carving showing two children at play and a frog nearby, which gaveled $31,860. The other was a large and heavy solid red coral sculpture depicting a maiden with children with fitted wooden base, which tabbed at $30,250.
Breaking the $20,000 mark were a pair of hand-carved Chinese jadeite Guan Yin sculptures, each having beautiful white mottled jadeite color with apple green infusions, which sold for $29,500; and a pair of large spinach jade vase-form reticulated lantern urns, each having relief palace scenes throughout the body, which was taken home for $22,420.
In addition, a large hand-carved Chinese white and apple-green jadeite Guan Yin sculpture, showing her in a standing position with a crane to the right holding stalks with lotus blossoms, coasted to $18,880; while a stunning Chinese relief-carved white jadeite lidded vessel with scrolled archaic designs to the back and front of the body made $11,800.
Elite Decorative Arts’ next big auction is slated for Aug. 10. Offered will be fine porcelains, artwork and decorative arts. More information cab be found at Elite Decorative Arts’ website.
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