Teapot sitting on man's shelf for years collecting dust sells for a whopping $2,000,000

Must See 14/11/2019

Be right back - just off to go check our kitchen cupboards and china cabinet for anything that may of value!

A British man has had the surprise of his life after putting his teapot up for auction.

The teapot, which had a slightly damaged lid, was being used for years as a living room ornament after being passed down from his grandparents.

But when an auctioneer was invited to the modest property he spotted a stamp relating to the Chinese emperor Qianlong.

The teapot was expected to sell for just a few thousand pounds but an international bidding war saw it reach £1,040,000 (approx. NZD$2,000,000).

Lee Young, of Duke’s Auctioneers of Dorchester, said a telephone buyer beat nine rivals to win the piece.

He said: “As the owner handed me the teapot for an opinion my heart missed a beat.

“As I turned it over and saw the beautifully drawn blue seal mark of Qianlong I realised immediately that I was handling a piece made for the Emperor himself.

“The battle for the teapot between ten telephone bidders took ten minutes with the price jumping in £20,000 increments.

“At one stage the price jumped by £100,000 as a buyer tried to frighten off other bidders.

“The saleroom was packed and the crowd broke into spontaneous applause when the auctioneer's gavel fell.

“I told the vendor and he is thrilled but in a state of sheer disbelief. I don’t think it has sunk in yet.”

Markings on the base show the teapot was crafted between 1735 and 1796 during the reign of Emperor Qianlong.