Chinese huanghuali armchairs owned by Chairman Mao's adviser sell at 15-times top estimate

A pair of Chinese huanghuali armchairs, formerly owned by a US Treasury official who became an economic adviser to Chairman Mao, were hammered down at £600,000.

The price was some 20-times the mid-estimate at Roseberys on November 4.

The continuous yoke back ar…

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