Wednesday, January 27, 2010

Silver Punch Bowl Crafted by Cornelius Kiersted in Early 18th Century - - Fetched $5,906,500 For its Auction at Sotheby

Antiques are fun. Antiques cost a lot of money. And Antiques always make other people feel like none. Wow, that’s instant poetry at your service. You must be thinking what made us brush up on our creative writing the way we just did. Well, the news is that antiques are going real big as the world economy picks up after a year of hard times.

In all fairness, antiques have always been in fashion for people always like to admire the yester-years. And Sotheby’s made a new record on that popularity mode. The auction house sold a Silver Punch Bowl crafted by Cornelius Kiersted in the early 18th century at a whopping price. Initially, the organisers were expecting the bowl to fetch something between $400 and $800,000. But to everyone’s surprise the bid opened at a huge $275,000. And the exciting calling out for prices went on until $5,906,500 was a announced as the clear winner.

The winning bidder has kept his identity a secret. Let us tell you that the Silver Punch Bowl comes from the family of Commodore Joshua Loring of Jamaica Plain, Massachussets. The Loring-Greenough House is now being preserved as an historic site.

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