:The star lot of Christie's important Chinese ceramics works of
art sale on May 30 was an early Ming underglaze copper-red vase,
Yuhuchunping, Hongwu period, which fetched $10.2 million. Setting
a world auction record price for any Ming porcelain, the vase was
sold to Steve Wynn, chairman and chief executive officer of Wynn
Resorts.
Wynn announced that he will be donating this exceptional piece to
a museum in Macau, according to Christie's. "In view of the
importance of this piece, we are particularly thrilled that it
will be returning to China where it can be enjoyed and
appreciated by the maximum number of students and art lovers,"
said Pola Antebi, senior vice president, specialist head of the
Chinese ceramics and works of art department sale specialist.
The overall sale achieved more than $43 million, the highest
total ever realized in this category at Christie's. A complete
review will appear in a future issue.