[vnforum] Auction of Vietnam Antique Pottery

[dan nguyen]

[ Viet Search Engine on VietGATE http://www.vietgate.net ]

[vnforum] - Mesg from dan nguyen <ndh...@mail.com>

Hi friends,
The auction mentioned below is going on right now at EBAY. One porcelain
bowl is currently being bid at $2600.
N D Hoang
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Vietnam to Get 20% of Auction Cash
The Vietnamese government will receive 20% of the take from a massive
overseas auction of 15th- and 16th-century Vietnamese ceramics that is due
to take place this month. The ceramics were dredged from the sea near the
ancient town of Hoi An with the help of a Malaysian firm. More than 25,000
items were due to go on the block in San Francisco from October 11-13, with
another 60,000 slated for auction on-line via e-Bay from October 14. Items
range in value from $200 to $100,000, according to estimates by the auction
house, Butterfields. Vietnam's Ministry of Culture and Information says
Hanoi has already decided what it will do with its share of the proceeds:
upgrade Hoi An and the nearby Cham ruins. A bigger problem is how to show
off more than 24,000 items remaining in Vietnam. A government team has
already divided them among five museums, but many will stay in storage for
lack of display areas. No more than 10% of the ceramics will be on show at
any one time, predicts Dang Van Bai, director of preservation and museums at
the ministry

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iWon.com http://www.iwon.com why wouldn't you?
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[Hai-Tri Le]

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[vnforum] - Mesg from Hai-Tri Le <hai...@microsoft.com>

Is there any explanation on why VN will only get 20% of the take ? That
sounds really really low for national treasures !

Hai-Tri

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[World Money Laundering Report - Resources]

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[vnforum] - Mesg from "World Money Laundering Report - Resources" <wmlr-re...@vortexcentrum.com>

Is it not a reflection of a risk-reward ratio: from what I recall,
the Malaysian company carried all the expenses and risk of the
exploration to locate and recover the treasures. I could, of course,
be mistaken

Nigel