by Ed on December 9th, 2013
We are used to seeing wine and whisky sold at astonishing prices. When the hammer fell on a six litre bottle of 1947 Cheval Blanc, an unnamed investor paid Christie’s New York a record $304,000 (£191,000). It may come as a surprise to some, but in China tea prices can be similar. Tea culture in Asia is as complex as wine in the West.
Recently, the first auction focusing solely on tea took place in Hong Kong. The ‘Sensation of Tea’ (问道茶禅), held at The Park Lane Hotel, expected its 190 lots to reach a total of HK$10,000,000 (£786,192). It did not disappoint.... Read more
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