Check out the 1000-year-old Chinese bowl that has been sold for $37m

A small but highly important ceramic dish from Imperial China sold for a world record £28 million ($37.7 million) in Hong Kong yesterday.

The ‘virtually unobtainable’ brush washer is around 1,000 years old and was commissioned by the imperial court during the Song dynasty.

It was made by Ru guanyao, which is one of the most revered of the Five Great Kilns used during this period.

The dish, which has a diameter of just 13cm and would have been used to clean brushes, has a glowing, intense blue-green glaze and ‘ice crackle’ pattern.

It was offered by Sotheby’s with a guide price of £10 million ($13.24 million), but there was a fierce 20-minute bidding war and the dish eventually sold to an anonymous bidder for £28 million ($37.7 million).

The auction house said the person behind the winning proposition wishes to remain anonymous, it’s unknown whether the buyer is from China mainland or elsewhere.

The price paid for the dish in Hong Kong is a world record for a Chinese ceramics piece, beating the £27 million ($35.7) paid in April 2014 for a Meiyintang Chenghua ‘Chicken Cup’.

A statement from the auction house said:

‘Today at Sotheby’s in Hong Kong, a new world auction record for Chinese Ceramics was set when a highly important and extremely rare Ru guanyao brush washer sold for £28.2 million after a 20 minute bidding battle’.

‘While seemingly small and unobtrusive, these understated aesthetics reflect the calibre and meticulousness of its craftsmanship, a quiet metaphor of Chinese philosophy celebrated by erudite connoisseurs and scholars throughout time.’

It is most likely the dish was made between 1086 and 1106 and it is extraordinarily rare for a Ru vessel to be sold at auction.