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Record-Setting Lincoln Flag, Chinese Dish Sells For $27.3M, and More Fresh News

1860 glazed-cotton parade flag emblazoned ‘For President, Abraham Lincoln’ and ‘For Vice President, Hannibal Hamlin,’ sold for $40,124. Image courtesy Hake’s Americana

 

News and updates from around the arts and auction community:

  • Boasting spectacular colors for its age, an 1860 glazed cotton parade flag emblazoned “For President, Abraham Lincoln” and “For Vice President, Hannibal Hamlin” has sold for $40,124 in Pennsylvania. It’s a world-record price for an 1860 Lincoln name flag at auction. [Read more at Hake’s Americana]
  • In Hangzhou, China, a 2,000-year-old bronze dish has fetched a world record price for “Chinese antique art” at auction. The vessel, dating from the Western Zhou dynasty (1046BC-771BC), was sold last Saturday for 185 million yuan (US$27.3 million). [Read more from South China Morning Post]
  • A leading antiquities dealer has sued the Wall Street Journal, asserting he has been damaged by an article the newspaper ran which stated he was under investigation for possible trafficking of artifacts looted by ISIS. The dealer says he has never handled such merchandise and that sales at his gallery have plummeted since the article’s publication. [Read more from the New York Times]
  • A judge has granted an emergency court order to stop an auction company from selling several of Madonna’s personal items, including a personal letter rapper Tupac Shakur wrote to her from prison. The entertainer said she believes some of the items were taken by a former friend without her knowledge. [Read more from TMZ]

 

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