Price Realized: $18,000
One of the foremost authorities on Asian art and antiques, Beverly Hills based I.M. Chait Gallery/Auctioneers is renowned for offering high-quality works ranging from antique Chinese porcelain to Contemporary Asian Art. Estimated at just $400 - $500, this boldly painted Chinese enamel porcelain tile was the surprise sale of their February 20th auction. Depicting a tiger walking through tall grasses, the tile sold online for $18,000 – more than thirty-six times its high estimate.
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Founded in 1989, Artfact is the largest global marketplace of fine and decorative arts, antiques, collectibles, and estate auctions. On January 1, 2009, Artfact launched Artfact Live!, its proprietary live auction bidding platform, enabling users to bid real time on auctions being held around the world by its prestigious auction house partners. Currently, over 1,000 fine auctioneers actively list their catalogs with Artfact.com and its U.K. sister site Invaluable.com, reaching the Artfact community of more than 10 million knowledgeable collectors and dealers worldwide. Artfact's industry leading database includes more than 58 million complete auction results totaling more than $204 billion in value, including information on more than 500,000 international artists. In 2006, Artfact acquired RFC Systems, the leading provider of enterprise software developed specifically for the fine art and antique auction house industry. RFC helps prestigious auction houses around the world manage their businesses by automating their day-to-day operations.
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