Throne cover valued at £500 – but which sold for nearly £20,000...

The Chinese throne cover sold for �19,000
The Chinese throne cover sold for �19,000

A CHINESE silk throne cover far exceeded its guide price of between £300 and £500 when it went under the hammer at an Eastbourne auction – and sold for £19,200.

The cover (pictured above) is embroidered with a flowering peony tree and birds and was sold to a buyer at Eastbourne Auction Rooms on Friday last week.

It had been expected to reach a few hundred pounds but a telephone bidder saw the hammer come down at £19,200.

In addition, an album with photographs of horse racing in Hong Kong in the 1930s, which was expected to sell at between £50 and £80, was sold for £1,680. The buyer was bidding on the internet from Hong Kong.

The lots were among hundreds sold in a fine art, antiques and collectables sale at the auction rooms in Finmere Road.

Senior valuer Jeannette May said oriental artefacts were very popular in auctions.

“The oriental market is on fire at the moment,” said Jeannette, “with the Chinese especially wanting to buy their artefacts back.

“The items don’t especially have to be old either. There was fierce bidding on both of these items and they sold far beyond their guide price.”