Rare Glass Bucket Sells Above Estimate
More proof that the art and antiquities market is still strong when it comes to the really rare pieces was delivered by the Sotheby's "Arts of the Islamic World" today in London. A medieval Islamic glass piece known as the "Rothschild Bucket" brought in 1.6 million pounds ($2.3 million). The winning bid was more than double the top estimate but far more than it brought in at Christie's in 2001. As Bloomberg reports, back then the enameled piece brought in 75,250 pounds with fees during a sale of the collection of the late Baroness Batsheva de Rothschild and was believed to be a modern fake. Since then it has been reappraised as genuine and is thought to have been made in either Syria or Egypt during the Mamluk dynasty which ruled from 1250 to 1517.