BUSINESS
06/26/2013 05:41 pm ET Updated Jun 27, 2013

Chinese 'Libation Cup,' Originally Purchased For $4, Sells For $75,000 At Auction (VIDEO)

We all would love to buy something cheap, sell it years later and make a fortune. That's what makes it so painful when someone else actually goes and does it.

Yep, someone last week sold a 17th-century Chinese “libation cup," which holds traditionally religious associations, at an Australian auction for $75,640, according to The Sydney Morning Herald. Ready to be depressed? The cup was originally purchased for just four dollars.

After purchasing the cup -- again, for four dollars -- the seller reportedly contacted a Sotheby’s consultant to inquire about its value and was told that the cup was worth an estimated $20,000 to $30,000. (It was bought for more than double that latter number, or 18,910 times more than its original purchasing price.)

(CLICK HERE TO FIND OUT WHAT MADE THE CUP SO VALUABLE)

This story comes on the heels of a recent string of bargain shop success stories. Just last March, a bowl bought at a New York tag sale for $3 sold at a Sotheby’s auction for $2.2 million. In November 2010, a porcelain Chinese vase that sat on an elderly man's bookshelf for years was identified as an object from the reign of 18th-century emperor Qianlong. It sold for approximately $69 million.

If you're looking for an even better auction block investment, however, bills and coins are where it's at. In just the past year, such rarities have sold for $2.5 million, $3.1 million, and $10 million. We'd hand you a tissue to cry into if we could.

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