Ming dynasty “Chicken Cup” sells for 36 million dollars
A Shanghai collector paid a record $36 million in June for a rare Ming Dynasty cup that’s touted as the “holy grail” of China’s art world.Several records have been set at Sotheby’s spring sales in Hong Kong, continuing a trend of sky-high prices in the art world driven by the newly super-rich buyers in China and developing countries. The dainty, white cup from the 15th century measures just 8 centimeters (3.1 inches) in diameter and is known as a “chicken cup” because it’s decorated with a rooster and hen tending to their chicks. Sotheby’s describes the cup as having flawless translucent sides with its lively scene painted continuously around its sides. It was made during the reign of the Ming Dynasty’s Chenghua Emperor, who ruled from 1465 to 1487. Sotheby’s said only 17 such cups exist, with four in private hands and the rest in museums. “There’s no more legendary object in the history of Chinese porcelain,” said Nicholas Chow, Sotheby’s deputy chairman for Asia. “This is really the holy grail when it comes to …