A French auction house fired an employee who was responsible for $7.5 million in Qianlong vases for just $1,900. | Catch My Job

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The Osenat auction house employee responsible for pricing the blue and white dragon vase at $1,900 and then watch it sell for $7.5 million—about 4,000 times more than beforeFired from a French auction house for failing to accurately determine the value of the work.

An unnamed expert “made a mistake”, said auction house president Jean-Pierre Osenat. guardian “ohThere is not the same person as 300 interested Chinese buyers can’t be right,” he said.

This work is from an anonymous seller who passed through his late mother’s estate in Brittany. Made in the Tianqiuping (“Heavenly Orb”) style, the blue and white floral motifs were immediately recognizable of the era. which in addition to work dragon and cloud illustration There might be a Qianlong seal. The 5th Emperor of the Qing Dynasty guardian report

Vase auctioned at Osenath

vases being auctioned Courtesy of Osenat

The round celestial vase, sold on October 4th, has a round base and a long neck. and is described in the catalog as “Large Tian Shi Ping porcelain and multicolored glazed vases in blue-white style. Its round body and long cylindrical neck were decorated with nine ferocious dragons and clouds. (marked under the base)” noted that it is in “good condition”.

The auction house also implied that before the sale, the pre-auction exhibition had too many 300 to 400 interested buyers, which was unprecedented for a sale where no other object was worth more than $8,000.

“We don’t know [the vase] Old or not old or why is it selling for such a price?” said Cédric Laborde, the auction house’s director of Asian art. “The valuation is consistent with what experts think. In China, some copycats, such as vases from the 18th century, are also considered art.”

to follow guardianThe auction house specialists responsible for the mistake took a stand in pre-bid decisions of €1,500 and €2,000 (1,457–$1,943).

“Experts think it’s a 20th-century copy as an embellishment. We therefore do not change our estimates. The market eventually decided it was the 18th century,” Osenath said. guardian. “I have confidence in the market. One expert said what he said … but the real price is what the buyer decides.”

Artnet News reached out to Osenat Auctions for comment. but haven’t received a reply since press time.

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