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What was the reason for the statue to be auctioned in the story the Chinese statue?

What was the reason for the statue to be auctioned in the story the Chinese statue?

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  1. This answer was edited.

    When the statue finally reached into the hands of Alex Heathcote, he proved out to be a foil to his great grandfather, Sir Alexander Heathcote. Alex turned out to be a selfish, spoiled little brat. He could never hold down a job for a few weeks and when casinos opened in Britain, Alex was convinced that he had found the ideal way of earning a living without actually having to do any work. He thought he would solve all his problems by winning but he lost. He kept on losing yet he didn’t stop gambling. Finally the worst came to worst, Alex had gambled away all his money and was in a great debt. To pay back the debt, Alex caved in and decided to sell the family heirloom, the Chinese Statue. It was the “family honour at stake” which compelled him to sell the statue.

    Read summary of The Chinese Statue

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