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A Cracked Jug Sold For $440,000

19th-century French claret jugA cracked 19th-century French claret jug that was expected to sell at auction for £200 fetched more than a thousand times its guide price. Two buyers became locked in a bidding war at Lawrence’s auction house in Somerset, pushing the price to £220,000. The jug was presented in a fitted box of Morel á Sevres, and one auctioneer suggested that this could be the mark of the French goldsmith and lapidary Jean-Valentin Morel. Some people think the auction was actually of two items. Collectors realised the box was worth a lot more than the jug.

Source: Times Online
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