Bonham's Press Release:"The Warren Family Korean Jar brings nearly $4.2-million at Bonhams & Butterfields
A rare Joseon Dynasty Korean blue and white porcelain jar set a world record at auction today (9 December 2008) in the San Francisco salesroom of Bonhams & Butterfields. Sold over the telephone to an undisclosed Asian buyer, the crowd burst into applause after a hotly contested bidding war among more than 12 clients – bidding from the salesroom floor and via telephones.
The mid-Joseon Dynasty (circa 1800) jar was discovered by Asian Art Department Director Dessa Goddard in a monthly appraisal event held at the company’s Sunset Blvd. gallery in Los Angeles. The jar was formerly within the collection of Mrs. Fiske Warren of Boston, MA, part of the Mount Vernon Street Warren family, living there at the turn of the 19th century. The vase became a family heirloom and has been in a family member’s Southern California home for decades.
Collectors, dealers and aficionados of Asian art came to San Francisco from across the globe to vie for Chinese, Korean, Japanese and Southeast Asian works offered by the fine arts auctioneers during the company’s bi-annual auction of Fine Asian Works of Art. Competitive bidding was seen throughout the daylong sale. The jar, the auction’s top lot, was offered this afternoon and its sale breaks the existing auction record for a Korean blue and white porcelain jar -- the new owner paid $4,184,000 on Tuesday for the rare, elegantly painted masterpiece."
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