There's no better way then spending the afternoon at a garage sale. It's not just about the bargains and things you'll find it's about what valuable you may find which no one else cared for. There are chances you might find a Picasso artefact for $3. You'll be amazed to find out what this family bought from a garage sale and what value it had.
It seems very clear that someone in the family had an excellent taste and an eye for artefacts. The family has remained anonymous till date and the object which they picked was a small and pretty white bowl. The price at which the family purchased the bowl was just $3.
The tiny bowl was just 5 inches across the top and was decorated with a beautiful floral motif. The family then put the bowl on the mantel in their house and displayed it for years without even knowing its worth. After years of showing the bowl, they decided to find out the origin of the bowl and decided to do it professionally.
After the bowl was examined by the assessor, the family members got a shocking news.
The members might have bought the bowl for a negligible price but the expert took no time in estimating the actual cost of the bowl.
It was identified as a 1000-year-old artefact dating back to Song Dynasty of China. According to experts at Sotheby's, it was a fine example of beautiful art in ceramics which was popular a millennium ago. It was called "Ding Ware" at that time.
In their description, Sotheby's mentioned the extreme fineness of the pottery work, the allure of the piece and the wonderful lotus pattern which was inscribed inside.
Sotheby's also mentioned that only one other bowl like this is there in the world. It is of the same form, size and has almost identical decoration on the inside. It is in the British Museum in London.
Wait until you hear the actual price.
The bowl had an estimated value of $200,000 - $300,000.
It was sold in 2013, to a dealer for a whopping sum of $2,225,000.