Lally sold about 80 percent of the jade collection, with buyers from China purchasing about 40 percent of the items, including a jade necklace from the Zhou Dynasty that went for a sum in the low six figures.

"It's come back down to Earth," said Lally. "After two to three decades of euphoria, we have a much more mature market where people are indeed more price-sensitive." (Reporting by Elizabeth Dilts; Editing by Sandra Maler)

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