Chinese Antique Dealer Buys Rare Song Dynasty Book For Pennies And Sells It For 26 Million

Chinese Antique Dealers Buys Rare Song Dynasty Book For Pennies And Sells For 26 Million

Every day an antique dealer in Nanchang who owns two antique shops and who is also well know for being a scholar of antiques visits his local antique market hoping to find genuine items among all the fakes offered for sale.

Mr Wang is a serious scholar of Chinese antiques, it has always been his dream to find something rare that has been missed by others.

In 2009, Mr Wang stumbled upon a book on a shabby stall selling mostly fake items. The books cover was covered in Song Dynasty characters. He desperately wanted to buy the book but did not wish to show much interest in case the stall holder refused to sell it to him.

Mr Wang picked up other items that were clearly fakes and grouped them together with the book so not to draw attention to the book, the stall holder gave Mr Wang a price for all the items to which Mr Wang agreed.

Mr Wang studied the book at home for 3 years and convinced himself it was genuine and from the Song Dynasty, he was scared to take the book to an expert in case they said it was a fake.

Eventually his curiosity got the better of him and he reluctantly took the book to an expert for their opinion.

Chinese Antique Dealers Buys Rare Song Dynasty Book For Pennies And Sells For 26 Million

Fortunately, after Li Zhizhong’s appraisal, he said that this ancient book is one of the most significant discoveries in China’s ancient book circles in 200 years, and it is an important ancient book revised in the Northern Song Dynasty.

News soon spread about the book and experts from across China came to see and research the book. Experts said the book is genuine and is titled the “Ritual Rhyme” and took four years to create by Jingrenzong Jingyou. Experts say the discovery of the book is as important and equivalent to the “Xinhua Dictionary” of the Song Dynasty.

The Chinese cultural relics department tried to persuade Mr Wang to donate the book to them so they could display it in a museum for all to see, Mr Wang declined.

Mr Wang told officials it was through his hard work he discovered the book and he was going to benefit from it, he told the officials they could buy the book for 5 million Yuan, but negotiations broke down so Mr Wang put the book into auction and sold it for 25 million yuan.

Read the story about Irv Graham and the cracked cup that was bought for £300 and later sold for £28,000. A cup that led to an adventure in China filled with amazing highs and life-threatening lows and the rebirth of 贵宾酒8. V.I.P Jiu 8 – The full story.



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