Layman-turned-relics hunter rescues China’s antiquities

Searching through the rubble of demolition sites across the 800-year-old capital of China, Li Songtang has unearthed a treasure trove of ancient relics. They include gate piers depicting Mongolians and the Han Chinese during the Yuan dynasty, a Buddhist carving that is more than 1,000 years old, and a Ming dynasty marble fish water tank. Li Songtang is neither museum curator nor antiques expert, but an ordinary man who did not want to see China’s rich history lost to modernization during the late 1970s.

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YSL auction of a lifetime set to fetch $380M

A three-day auction of art and furnishings that belonged to the late fashion designer Yves Saint Laurent is seeing sale prices far exceeding estimates, with dollar amounts almost as spectacular as the range of items being sold. A list of artwork already sold in the Monday-to-Wednesday auction in Paris shows pieces from Matisse to Brancusi fetching tens of millions of dollars, according to the Web site of Christie’s, the auction house that is holding the sale. The largest amount so far was €35,905,000 ($45,264,579), the price realized for French Impressionist Henri Matisse’s painting “Les coucous, tapis bleu et rose.” That was more than double Christie’s estimate of €12 to 18 million ($15,526,268 and $23,289,403)

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