Summary
A man named John Carcerano bought a Chinese plate for $4.99 at a thrift store and sold it at a Sotheby’s auction for over $4,000. The plate was rare and linked to Jewish heritage, which made its sale unusual. Carcerano plans to use the auction proceeds to invest in silver.
Key Facts
- John Carcerano found a Chinese plate at a thrift store for $4.99.
- The plate was sold at a Sotheby’s auction for $4,064.
- The auction described it as a rare Chinese export plate with Jewish symbols, from around 1761, during the Qing dynasty.
- It was sold in a Judaica auction, which is focused on Jewish heritage items.
- There were about four bidders, and the winning bid came from online.
- Carcerano initially hoped the plate would sell for more, estimating a value of around $7,000.
- He plans to use the funds from the sale to invest in silver, expecting its price to rise.
