China

Macao's Ho pays record price for Kangxi throne

(Reuters)
Updated: 2007-05-30 14:15

A Christie's staff member shows a dragon painted on a gilt-incised lacquered throne, Baozuo, from the Kangxi period (1662-1772) after it was sold to Macau tycoon Stanley Ho for $1,788,800, setting a world auction record for an imperial throne, during an auction in Hong Kong May 29, 2007. Ho said the throne will be displayed at his newest 'Grand Lisboa' casino in Macau. [Reuters]