Search results
Results from the WOW.Com Content Network
Chinese auction is a type of the all-pay auction, where the probability of winning depends on the relative size of a participant's bid. [1] The choice of the winner is done by a lottery, whereby the bidders compete for a higher chance of winning. [1] It is also known as penny raffle, chance auction and tricky tray. [2] [3]
[1] [2] [3] It is particularly known for its sale of Chinese calligraphy and ink paintings. [4] [5] First founded in May 1993 by Chen Dongsheng, [6] China Guardian is China's oldest art-auction firm. [5] [7] China Guardian was a leader of the Chinese art auction market until the emergence of Beijing Poly International Auction Co Ltd in the mid ...
Beijing Hanhai (Chinese: 北京翰海; pinyin: Běijīng Hànhǎi), officially the Beijing Hanhai Auction Co., Ltd, is an auction house located in Beijing.Established in 1994, after the Chinese government began allowing the auction of relics, it grew under the management of Qin Gong to become one of the country's largest auction houses by 2003.
The Chinese auction selects a winner partially based on randomness. [68] The final price for the selected winner is not always conducted according to their final bid. In the case of the second-price ruling as in a Vickrey auction, the final price for the winner is based on the second bidder's price.
Pages in category "Chinese auction houses" This category contains only the following page. This list may not reflect recent changes. T. Tian Cheng International
Chinese auction houses (1 C, 1 P) D. Danish auction houses (1 P) ... Pages in category "Auction houses" The following 2 pages are in this category, out of 2 total.
A bowl made around 900 years ago has just fetched $38 million at auction, setting a new record for Chinese porcelain. The antique Chinese bowl was made around 900 years ago during the Song Dynasty ...
When Nita put it on auction with Christie's in 2001, Shanghai Museum and Poly Museum raised a large sum to make a bid for the vessel, but were outbid by a French collector for US$9.24 million. [2] At the time it was a world-record price for an Asian artwork. [1] In 2014, the Min fanglei was again put on auction by Christie's. On March 19, a day ...