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Swedish flea-market Buddha bought for SEK 20 sells for SEK 2.44M after 40 years

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TOI World Desk. (2026, September 30). Swedish flea-market Buddha bought for SEK 20 sells for SEK 2.44M after 40 years. Times of India. https://timesofindia.indiatimes.com/world/rest-of-world/in-the-1980s-a-swedish-flea-market-buyer-paid-just-over-sek-20-for-a-small-buddha-statue-four-decades-later-experts-traced-it-to-the-ming-dynasty-and-it-sold-for-sek-2-44-million-at-auction/articleshow/134581276.cms

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Times of India · collected 2026-09-30 · by TOI World Desk

Quick Summary

A small gilt-bronze Buddha statue purchased for SEK 20 at a flea market in Uppsala, Sweden, in the 1980s sold for SEK 2,437,500 at an auction by Stockholms Auktionsverk on December 11, 2025. Experts later identified the statue as a rare Ming dynasty work from China’s Yongle period (1403-1424), making it one of the finest examples of early Ming Buddhist sculpture. The piece was originally bought for its appearance and spent decades in a private home before being recognized for its historical significance, selling at auction for over 120,000 times its original price.
Written by AI on 2026-09-30, from this article's own text only (the story summary below draws on all the coverage).

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Story summary

A tiny gilt-bronze Buddha statue bought for SEK 20 at a Swedish flea market in the 1980s sold for SEK 2,437,500 at Stockholms Auktionsverk’s Asian Fine Art Sale on December 11, 2025. The sculpture is a rare work from China’s Ming dynasty, specifically the Yongle period (1403-1424), and was initially purchased for its appearance without knowledge of its historical value. After decades in a private Swedish home, experts recognized its significance, making it an extraordinary discovery that fetched over 120,000 times its original price. Elisabet Fellbom, an Asian art specialist at Stockholms Auktionsverk, noted the unusual nature of such a valuable item appearing in Sweden's private market. The statue stands at just over 18 centimetres and is considered one of the finest examples of early Ming Buddhist sculpture.

Written for “Buddha Sculpture Sale Surprise” on 2026-11-03, grounded in this article and the 0 other(s) covering the same event.

Story

📰 Buddha Sculpture Sale Surprise
Economy/Business · 1 article(s) covering the same event.

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Claims extracted
34
sentences that state something as happening or true
Uncertain
3%
1 of 34 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
59/100
Times of India's corrections and hedging, across everything collected from it. Not a measure of accuracy.
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1
Economy/Business
Same framing elsewhere
1
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Times of India · 4017 article(s) · 4 correction(s) detected
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TOI World Desk
1400 article(s) here · 0 carrying a prediction
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Topics

Buddhist China Stockholms Auktionsverk Sweden Swedish

Subjects

Buddha PERSON · 6× Buddhist NORP · 5× Stockholms Auktionsverk ORG · 4× Sweden GPE · 3× China GPE · 2× Ming ORG · 2× Shakyamuni Buddha PERSON · 2× Swedish NORP · 2× Uppsala GPE · 2× Stockholms Auktionsverk’s ORG · 1×

Narrative

“It is absolutely extraordinary—and highly unusual—for a work of this quality to appear in private hands in Sweden,” Elisabet Fellbom, specialist in Asian art and craft at Stockholms Auktionsverk, said in the auction house’s announcement.
framing: assertive · carried by 1 article(s) · first seen 2026-09-30

Claims (34 extracted, 1 hedged)

A tiny Buddha statue bought for just over SEK 20 at a Swedish flea market in the 1980s has turned into a multimillion-kronor discovery after experts identified it as a rare work from China’s Ming dynasty. asserted
experts → buy → dynasty
The gilt-bronze statue of Shakyamuni Buddha, which had spent decades in a private Swedish home, fetched a final price of SEK 2,437,500 at Stockholms Auktionsverk’s Asian Fine Art Sale on December 11, 2025. asserted
which → spend → December
The sculpture was bought at a flea market in Uppsala by the eventual seller, who purchased it for its appearance without initially knowing its historical or artistic significance. asserted
who → buy → significance
According to Stockholms Auktionsverk, the statue remained largely unnoticed in the private home for decades before its importance was recognised. uncertain
importance → accord → decades
The auction house identified the piece as a rare Buddha figure from the Yongle period, which lasted from 1403 to 1424 during the Ming dynasty. asserted
which → identify → dynasty
The period is associated with some of the finest examples of early Ming Buddhist sculpture. asserted
period → associate → sculpture
The statue stands just over 18 centimetres tall and is cast in gilt bronze. asserted
statue → stand → bronze
It depicts Shakyamuni Buddha, the historical Buddha, in a traditional Buddhist iconographic form. asserted
It → depict → form
Its small size, however, does not reflect the level of craftsmanship that experts found in the piece. asserted
experts → reflect → piece
Stockholms Auktionsverk said the sculpture features refined folds in the Buddha’s robes, finely chiselled details and unusually rich gilding. asserted
sculpture → say → robes
These characteristics helped place it among a small group of highly accomplished sculptures associated with the imperial Ming workshops. asserted
characteristics → place → workshops
The auction house described the statue as an example of early Ming aesthetics and noted that works of the same type can be found in major international collections. asserted
works → describe → collections
For decades, the Buddha had effectively been living an anonymous life in Sweden. asserted
Buddha → live → Sweden
Its eventual identification transformed an ordinary-looking flea-market purchase into the headline piece of the Asian Fine Art Sale. asserted
identification → transform → Sale
“It is absolutely extraordinary—and highly unusual—for a work of this quality to appear in private hands in Sweden,” Elisabet Fellbom, specialist in Asian art and craft at Stockholms Auktionsverk, said in the auction house’s announcement. asserted
Fellbom → appear → announcement
She described the sculpture as an outstanding example of 15th-century Buddhist metalwork and said it was significant to see it return to wider attention after its long period in private ownership. asserted
it → describe → ownership
Why the Yongle period matters The statue dates to the reign of the Yongle Emperor, whose rule covered the years 1403 to 1424. asserted
rule → matter → 1424
This places the sculpture at more than six centuries old. asserted
This → place → sculpture
The period falls within the Ming dynasty, which ruled China from 1368 to 1644. asserted
which → fall → 1644
The Yongle era is particularly associated with major artistic and cultural production, including Buddhist sculpture. asserted
era → associate → sculpture
The auction house said the Buddha’s combination of detailed drapery, precise carving and gilding was consistent with the quality expected from imperial Ming workshops. asserted
combination → say → workshops
Rather than being a later decorative reproduction, it was presented as a genuine 15th-century work of Buddhist metalwork. asserted
it → present → metalwork
Stockholms Auktionsverk also pointed to comparable sculptures that have appeared at major auction houses and said examples of the same type are represented in institutions including the British Museum. asserted
examples → point → Museum
Once the statue was recognised and prepared for auction, its story attracted attention beyond Sweden. asserted
story → recognise → Sweden
The auction house said the unexpected provenance and quality of the sculpture generated strong international interest during the sale. asserted
provenance → say → sale
After competitive bidding, it eventually sold for SEK 2,437,500. asserted
it → sell → SEK
That final figure works out to more than SEK 2.4 million, making the small Buddha one of the notable highlights of the Asian Fine Art Sale. asserted
Buddha → work → Sale
For the original buyer, however, the story began much more modestly. asserted
story → begin → buyer
The statue had been picked up at a flea market in Uppsala for only slightly more than SEK 20 sometime in the 1980s. asserted
statue → pick → 1980s
The auction house's account does not state exactly why the buyer chose the object beyond noting that it was purchased for its beauty. asserted
it → state → beauty
The buyer apparently had no idea at the time that the small bronze figure was connected to the Ming imperial tradition. asserted
figure → have → tradition
Nearly four decades later, the difference between the purchase price and auction result became extraordinary. asserted
difference → become → price
A little-known decorative object that had spent years inside a Swedish home was suddenly being examined as a historically important Chinese sculpture. asserted
that → know → sculpture
Its final auction price of SEK 2.4375 million also illustrates how dramatically the value of an artwork can change once its age, origin, rarity and artistic significance are established. asserted
age → illustrate → artwork
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