A 900-year-old bowl just sold for $38 Million

A bowl made around 900 years ago has just fetched $38 million at auction, setting a new record for Chinese porcelain.

The antique Chinese bowl was made around 900 years ago during the Song Dynasty and was just sold at a Sotheby’s auction in Hong Kong.

Sotheby’s said the bowl is a rare Ru guanyao—or ice crackle—brush washer bowl, used to clean painting and calligraphy brushes.

Ru porcelain is known for its cracked glaze, as well as its ability to reflect light.

CNN Money reports the bowl came from the once-famous kilns of Ruzhou, situated in the now-central Chinese province of Henan.

Only six other Ru ceramics have appeared at an auction since 1940. The last was another Ru ice crackle bowl, selling at Sotheby’s for $27 million.