![]() ![]() The clan could take round-trips from London to New York in first class 733 times or, in simpler words- fly free for life! That’s an enticing offer, even for a man worth $1.4 billion. With the purchase made on a one-year payment plan, the family earned two billion points or 132 million frequent flyer miles. The taxi-driver turned mega art collector Liu Yiqian Liu also bought a $170 million painting, Amedeo Modigliani’s Reclining Nude, using his American Express card. The tea cup measures just 3.4 inches by 1.4 inches. Liu close to 28 million frequent flier miles. Having said that this purchase would have still earned Mr. It is worth knowing that the points are based on the Hong Kong dollar which was worth 0.1275 of the US dollar when this transaction happened. According to Economic Times, capital controls limit individuals from moving $50,000 annually outside the country. “I just wanted to see how it felt.” Why did Liu Yiqian use his Amex card to buy a venerated object kept in museums or on a pedestal by private collectors with expensive taste? He used his credit card, denominated in Yuan because currency restrictions didn’t allow him to transfer that much money directly from China to Hong Kong. Liu of his chicken cup, referring to one of the Qing Dynasty’s most celebrated emperors. “Emperor Qianlong has used it, now I’ve used it,” said Mr. The rare porcelain cup was sold after a heated auction. In my opinion, it is a natural and unpretentious way to enjoy a hard-earned win, but it is considered contemptuous by the cultured Chinese. ![]() ![]() According to Sotheby’s, the American Express card was swiped 24 times post a heated seven-minute auction war, which led to the frowned-upon celebratory sip. He is checking now to find out about how many points he can get.” Liu’s daughter stated. ![]() Liu Wenchao (left) daughter of Liu Yiqian. The man was rapturous on learning the points gained after his sky-high bid for a palm-sized Ming dynasty (1368-1644) cup. When the Shanghai-based collector paid $36 million (HK$281 million) for a rare porcelain ‘chicken cup’ using his American Express Centurion Card, little did he know of the advantageous side effect of his enormous spend- nearly 422 million reward points. You certainly dont bother yourself with reward points. Being a millionaire or billionaire takes you over such modest actions. Please understand that to produce, edit, publish and print a fully illustrated catalogue takes quite a considerable amount of time, hence extensive research and photography/video capturing, and cannot afford to miss and stay behind the deadline.Chinese art collector Liu Yiqian is living proof that being incredibly rich involves not thinking twice before swiping your Amex card for a massive expense of millions. Entries which fail to be delivered before one month to the auction's date, will be regretfully rejected with the option to store and include in the forthcoming sale. Social media which includes this well maintained website, public adverts on magazines/newspapers and internet media such as Facebook, Twitter, Google, emails etc.Īfter the 'Invitation to Consign' advert is posted on the media, which will be posted two months prior to the auction date, you will have a one month frame to consign your property. We believe that marketing plays a very important role in this business, and to that extent, we will invest heavily in social media to market our firm's capabilities in the best possible way. Centurion, as a new firm of auctioneering, will work very hard to please and serve the seller in every need possible and to ensure that his experience is of a rather positive, pleasant and enjoyable one. ![]()
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