In an entirely more sophisticated expression of March Madness, Freeman's auction house sold a Ming-style vase from the Qianlong period (circa 1736) Saturday for an apparent world-record $1.38 million.
Sotheby's sold a nearly identical vase in Hong Kong in 2008 for $750,000, said Zoe Hillenmeyer, Freeman's spokeswoman.
She declined to identify the buyer but said he had been in the room at the time of the sale. The auction house was packed beyond its 60 seats, Hillenmeyer said, with 20 or more individuals standing, all 15 phone lines busy, and an additional 70 or 80 people bidding via the Web.
The buyer was most likely bidding by proxy for a collector in China, she said.