A rare ceramic piece from the Five Dynasties period, Lot 61, is set to be auctioned at the Hong Kong CITIC International Auction's Spring Art Treasures Auction (Part Two). According to ChainCatcher, the piece is estimated to fetch between 400 million and 600 million Hong Kong dollars, drawing significant market attention.
Previously, the Chai kiln system, to which this piece belongs, recorded a transaction of approximately 380 million Hong Kong dollars, establishing an initial price anchor for this category. The current valuation range of 400 to 600 million represents a systematic expansion of the price range, indicating ongoing market recognition of this asset class. Chairman Huang emphasized that the auction's significance lies not only in the transaction results but also in the continuous establishment of a widely recognized reference system through market mechanisms.