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27 juillet 2013

A set of four doucai 'South Sea Bubble' plates, circa 1720 

A set of four doucai 'South Sea Bubble' plates, circa 1720. Photo Sotheby's

each painted with a comedian on a tile floor beneath a beamed ceiling, inscribed:
Wie op uÿtrecht of nieuw Amsterdam (Who speculates on Utrecht or New Amsterdam);
50 per- cent op Delft gewonnen (50 per cent gained on Delft);
Pardie al mijn Actien kwijt! (Suddenly lost all my shares!);
Schÿt Actien enwind- handel. (Crap shares and swindle);
20.9-21.3 cm. diam.; inv. nos. 4-2772 and 4-2886; some chips (4). Estimate 7,000 — 9,000 EUR. Lot Sold: 35,550 EUR

PROVENANCE: Paleis Soestdijk

NOTE: The pattern and inscription satirize the financial speculation disaster in 1720 which started in England with South Sea Company, and spread to France and Holland. The economic bubble is described and illustrated in the contemporary source Het groote tafereel der dwaasheid, vertoonende de opkomst, voortgang en ondergang der actie, bubbel en windnegotie, in Vrankryk, Engeland en de Nederlanden, gepleegt in den jaar MDCCXX (The great scene of madness, ....) of 1720. See D. Howard and J. Ayers, China for the West, London 1978, Vol. I, pp. 234-235, for a discussion of these types of plates.

Sotheby's. Property from the Estate of Queen Juliana of The Netherlands: All to be Sold for the Benefit of Charity. Amsterdam | 14 Mar 2011 - www.sothebys.com

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