Sold by Sotheby’s in 2010, this Antique American Punch Silver Bowl fetched a stunning $5.9 million, much more than the initial estimations of between $400,000 and $800,000, setting a new record for American silverware, surpassing the the previous record holder by far. Handcrafted by silversmith Cornelius Kierstede between 1700 and 1710 in New York, it was previously owned by Commodore Joshua Loring in his stately home in Massachusetts, the Loring-Greenough House, now a historic site. The Colonial era sterling silver bowl weighs over 4.4 pounds, and is the first silverware of its kind to go over the $1 million limit.
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