14th-century Chinese Yuan Dynasty jar could top $1 million at Mar. 17 auction

14th-century Chinese Yuan Dynasty jar could top $1 million at Mar. 17 auction

PR Newswire

BEVERLY HILLS, Calif., March 13, 2013

BEVERLY HILLS, Calif., March 13, 2013 /PRNewswire/ --An extraordinary
14th-century Chinese porcelain treasure is headed for the auction block March
17th at I.M. Chait Gallery in Beverly Hills, and international buyers of Asian
art are paying close attention. The designated auction headliner is a Yuan
Dynasty blue and white ovoid porcelain jar decorated with an equestrian
warrior scene from the Yuan zaju drama, "The Savior Yuchi Gong."

The story describes how General Yuchi Gong saved the Tang Emperor Taizong from
assassination. I.M. Chait founder Isadore M. Chait, an internationally
renowned expert on Chinese and other Asian art, said the vessel is "highly
important" and came from a distinguished European private collection. Chait
believes it could reach or exceed one million dollars at auction.

Some Chinese art dealers and collectors bound for Asia Week in New York are
planning to stop in Los Angeles en route to their destination specifically to
inspect the jar and either attend the auction in person or bid by phone or via
the Internet on auction day.

"Asian art buyers have become one united community, and the location of our
annual Asia Week auction is of far less importance now, thanks to new
technologies and the various bidding methods that have been made available to
buyers. Since we were unable to participate in Asia Week this year due to the
unavailability of a suitable auction space in New York, we opted to conduct
our sale right here at our Beverly Hills gallery," Chait said.

The second-highest estimate in the auction is for an early 15th-century Ming
Dynasty gilt bronze Bodhisattva of Manjushri. The figure wears an elaborately
detailed crown, necklaces and earrings, and has a six-character Yongle mark
under its base. Estimate: $200,000-$300,000.

The sale also includes a premier Park Avenue (NYC) collection of carved jades,
early Chinese bronzes, ivories and fine ceramics. Ming Dynasty porcelains
(including 15th/16th-century examples) and carved jades from a second
prestigious East Coast collection join rare contemporary carved netsuke and
Ojime pieces in rounding out the auction offering.

I.M. Chait's Asia Week Important Chinese Ceramics & Asian Works of Art Auction
will take place at the Chait gallery on Sunday, March 17, commencing at 1 p.m.
Pacific Time. All forms of bidding will be available, including live via the
Internet through LiveAuctioneers.com.

Information: call 800-775-5020 or 310-285-0182; e-mail joey@chait.com. Online:
www.chait.com.

SOURCE I.M. Chait

Website: http://www.chait.com
 
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