Chinese Qianlong zitan cabinet realises $15.2m record in Beijing

paulfrasercollectibles

2015-06-26 13:18:43

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Chinese Qianlong zitan cabinet realises $15.2m record in Beijing

A rare Chinese zitan wood cabinet raised the previous record for Chinese furniture by 38%

A spectacular zitan wood cabinet that was once part of the legendary collection of the Qianlong emperor (1711-1799) hasbecome the world's most valuable item of Chinese furniture,in Beijing.

Chinese Qianlong zitan cabinetThe previous record was held by the Qianlong emperor's throne, which the cabinet sat next to in his palace

The rare cabinet crossed the block on June 5, realising an impressive $15.2m. The previous record was held by the Qianlong emperor's zitan wood dragon throne, which sold for $11m at Sotheby's in 2009.

The price achieved in Beijing represents a 38.1% increase on the previous price, showing the ever-increasing value of high-end Chinese collectibles.

Zitan is a sought-after dark tropical wood that was reservedfor the emperor's use only.

"This is a unique piece of imperial furniture. It would have been placed beside the throne of the emperor and was probably part of a pair," commented Poly Auctions' antiques manager, Li Yizhou.

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