Once again we concluded another successful Straits Chinese Antique Auction, SCAA Series 2/2017. This time our auction was held in conjunction with “The 30th International Baba Nyonya Convention” organised by our partners from Penang State Chinese Association @ Lot 33 of Prangin Mall, Georgetown, Penang. We were greeted with guest of the Baba Nyonya communities from all over the world, mainly from Singapore, Indonesia, Thailand and Australia.
The auction started on time at 11am on a 26th November 2017, Sunday morning. By the time it started, all the seats were taken and many were standing. The blue and white Peranakan ware items which were considered the more standard and lower priced items had a success rate of over 60 percent.
The rare items were especially sought after. One item, Inner White Base Famille Rose Pheasant-Peony-Phoenix Set [Lot 20] which had a reserve price of RM7,000 was sold under the hammer for RM10,200. This was because within this lot, there are three bowls with “Ogee” shape.
A very rare yellow base plate embellished by a pale-apricot border [Lot 94] saw a lot of action. From its reserve price of RM4,800, it was finally sold for RM8,000. The successful bidder is a very prominent collector who has been featured in many publications.
It was a privilege as well to have one of our loyal supporter and bidder, Mr. Tan who bid competitively for a Superbly Beautiful Piece of Rare White based Famille Rose Kamcheng [Lot 108], which started off at RM9,500 and rose to RM21,000 upon the fall of the auction hammer!
The highest priced item under the hammer this time around was intensely bidded by two bidders. The item is a Very Rare Lime Green Gold-Fish Bowl [Lot 104]. Every collector who came to view the item agreed with me that the item was a very rare one and for such a huge item, it is not easy to keep it in such a pristine condition. From its reserve price of RM15,000 the final hammer price was RM40,000. I think it is clear that these auctions attract many serious collectors who knows what they really want.
For an idea of all the items as well as their selling price, take a look at http://best2bid.com/Auction/SessionDetails/29. See you in our next event. We are planning for another two Peranakan item auctions for 2018. Call us today at 017-4006661 (Whatsapp) if you have good items to consign. As for potential investors or collectors, feel free to sign up as a member in Best2Bid.com and we will keep you informed on all the upcoming asset auction events.
Posted on 30th November 2017
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