Ming Dynasty Scroll Sells for Record $77 Million at Auction

  • Wu Bin handscroll is called ‘Ten Views of Lingbi Rock’
  • Around 8,000 items featured at Poly Culture auction in Beijing

A handscroll painting from the Ming dynasty by artist Wu Bin sold for 512.9 million yuan ($77 million), breaking the world record sale price for ancient Chinese calligraphies and paintings, according to Poly Culture Group Corp.

The work is titled “Ten Views of Lingbi Rock” and was sold at an auction in Beijing held by a Poly Culture subsidiary, the company said in a filing to the Hong Kong stock exchange on Friday. The auction ran from Oct. 16 to 20 and featured around 8,000 items of Chinese calligraphies, paintings and antiques.