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East Asia: Qing Dynasty throne fetches $5.15 mln at auction
A throne belonging to Emperor Qianlong during the Qing Dynasty in the 1700's has sold for 5.15 million US dollars at auction. The sale took place in Nanjing, East China's Jiangsu Province.

Qing Dynasty throne fetches $5.15 mln at auction
A visitor looks at a throne of Qing Dynasty (1644-1911) during an auction preview in Nanjing, 
East China's Jiangsu province, Jan 7, 2015. The seat, made of rosewood and inlaid with gold 
and exquisite flowers pattern, is given a starting price of 35 million yuan ($5.6 million).
 It was from the Hall of Imperial Supremacy (Huangji dian) in the Forbidden City,
 the main hall in the area of Palace of Tranquil Longevity (Ningshou gong), 
which the Emperor Qianlong (1736-1795) built for spending his years
 after his retirement [Credit: China News Service]

The throne, made of rosewood and inlaid with gold and a floral pattern, was owned by philanthropist Li Chunping.

It took him three years to buy the throne from a descendant of a royal highness of the Qing Dynasty in Tianjin.

Li said the final price was lower than he expected and that the throne will have a higher value after two or three years.

A buyer from Beijing bought the throne after three rounds of bidding.

Source: China Org [January 13, 2015]