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Bid up! $2.5m tea room up for auction


A $2.5million golden tea room, a $45,000 watch and a cigarette case are just a few of the luxury items going under the hammer this weekend.

Est-Ouest Auctions, Japan’s oldest auction house, is coming to Singapore for the first time and is hoping to shift 334 lots valued at over $11 million.

While art connoisseurs will no doubt be dipping into life savings for works by Pablo Picasso, Salvador Dali, Andy Warhol, Marc Chagall, Pierre-Auguste Renoir and a wide range of veteran and emerging Japanese artists, we’ve picked out five totally frivolous buys for those with more money than sense.

The Golden Tea Ceremony Room
The highlight of the auction is a Japanese tea ceremony room, a replica of a gold room commissioned by Japanese general Toyotomi Hideyoshi in the 16th century as a display of his power and wealth.

Because cheap cutlery just won’t cut the mustard in your golden den, it also comes with a 12-piece tea ceremony utensils set – made of gold, of course.

Lot 624
Estimated at $2.5 million to $3.5 million

Sapphire and Diamond Platinum Ring
This gem is out to rival Kate Middleton’s 18-carat sapphire and diamond engagement ring so unless you have a generous ring budget, you will want to leave your girlfriend/wife at home.

Lot 538
Estimated at $75,000 to 120,000

Audemars Piguet Royal Oak Diamond Gold Wristwatch
With the clock face and gold strap fully studded with oversized diamonds, you won’t even need to do a faux wrist-flick for other people to notice your blinged-out wrist – they’ll be able to see it from the otherside of the room.

Lot 612
Estimated at $45,000 to 65,000

Tiffany & Co 18K Gold Cigarette Case
It really doesn’t matter if you smoke or not – owning a cigarette case is plain cool. 

Lot 603
Estimated at $9,000 to $14,000

World Coins
Relieve a childhood hobby by starting up a coin collection. There’s 22 coins in this set, including fantasy coins, two Singapore 1 cents. There are also two extra rare German coins from the 1960s going for an estimate of $10,000 to $17,000.

Lot 695
Estimated at $4,500 to $7,500

Contemporary and Fine Art Auction: 25 January, 6.30pm to 8.30pm
Jewellery, Watches, Pure Gold works, World Coins, Oriental and Decorative Arts: 26 January, 1.30pm to 7.30pm
Open to public
Artspace@Helutrans, 39 Keppel Road, #02-04 Tanjong Pagar Districpark
Interested bidders have to register at Est-Ouest Auctions.