Sotheby makes historic sale in American silver with a massive $5,906,500 silver bowl

Everybody likes antiques; it blends even with the most modern décors, showing that the house owner still appreciates beautiful artifacts of the yesteryears. What better place to look for antiques than at auctions? Well, Sotheby’s made a new record when they sold a Silver Punch Bowl crafted by Cornelius Kierstede in New York between 1700 and 1710. It was estimated to fetch anywhere between $400 and 800,000. But the bid opened at a whopping $275,000 and started at a staggering $500,000! The bid ended with a generous mystery collector who spent a stunning $5,906,500! The silver punch bowl, a part of Sotheby’s sale of Important Americana, has descended from the family of Commodore Joshua Loring, in Jamaica Plain, Massachusetts, the Loring-Greenough House, which is now being preserved as a historic site.

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