Tiny Pot Raises Big Funds For Earthquake Relief
Filed under: Auctions, Big Givers
In the wake of tragedy the auction of a historically significant piece will come to the rescue. Providing huge funds for relief efforts after the earthquake that killed more than 65,000 people in China on May 12th, computer chip tycoon Robert Tsao auctioned a palm-size antique glass pot from the imperial Qing Dynasty raising over HK$65 million ($8.3 million). Half of the funds will go to earthquake relief efforts and the other half will be split between various other charities. Both Tsao and Christie's auction house have waived their commission fees as well. Quite the gesture and it is certainly much needed. Its nice to see luxury items making a difference too.
