Under what circumstances does the little statue of Emperor Kung find its way into the auction room?
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Sir Alexander Heathcote received the Chinese Statue when he was in China. It was bequeathed to his first born, Major James Heathcote and Sir Alexander had also mentioned it in the will that, after his death, the statue should pass to the eldest born in the family and not to be sold off, until and unless the family’s honour was at stake. Everything went on smoothly till the statue was passed into the hands of Alex Heathcote. Alex, who was a spendthrift, gambled away all his money and fell into serious debt. Unable to overcome his debt, he decided to sell the statue to save himself. So he took the family heirloom to Bond Street and delivered it to Sotheby. This was how the statue found its way to the auction room.
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