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Rare Ren Renfa Chinese Painting Auctioned for Almost $42 Million at Sotheby's
Posted
October 8, 2020
Views
1,588
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15
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October 8, 2020
1,588
15
0.94%
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0:57Now Playing"Five Drunken Princes Returning on Horseback," a rare piece of Chinese art by Ren Renfa fetched almost $42 million at auction in Hong Kong on Thursday. It is approximately 700 years old.
A Sotheby's auctioneer took bids for over an hour before bringing down the hammer at HK$265 million.
With the buyer's premium and other costs, including exchange rates, Sotheby's said this translates to $41,847,000.
The estimate had been between $10- $15 million.
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