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Chinese billionaire fails to pay US$80 million for Qing vase

Even as auction houses like Christie’s and Sotheby’s report record sales at their auctions of fine and contemporary Chinese art, another auction house – Bainbridges – may be forced to cancel its highest grossing sale because of non-payment of dues. Last year, Bainbridges auctioned a Qing Dynasty vase belonging to their clients Anthony and Gene Johnson for US$80 million, the…

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