In November 2010, a renowned international auction house launched a special event titled "Elegantly Simple—Exquisite Ming-Style Huanghuali Furniture" in their 2010 Autumn Auction, marking the largest auction of Ming-style Huanghuali furniture held in China to date.
The debut of 61 "exquisite pieces" certainly did not disappoint the awaiting buyers, with auction results that were equally satisfying for the sellers and the auction house.
This Huanghuali event not only achieved the remarkable "white gloves" (100% lots sold) result, with a total turnover reaching 259 million RMB, averaging over 4 million RMB per item.
Among them, a "Ming Huanghuali clustercrown pattern six-pillar canopy bed" was sold for a high price of 43.12 million RMB, setting a new record for Huanghuali furniture auctions and becoming the "most expensive bed in history."
