AN ancient bronze jug sold for seven times its asking price during an antiques auction on Saturday.

The 2,000-year-old jug was valued between £2,000 and £3,000 at the Addisons Spring Catalogue Sale, in Barnard Castle, County Durham, but ended up selling for £14,000.

The artifact, from the 1st Century AD, is thought to have originated from Southern Italy, and was accompanied by a document verifying the likelihood of its origins.

Richard Edwards, from Addisons, said: “Bidding for the jug was very fierce and it was finally sold to a private collector, in the face of hot competition from the trade.”

Another success story from Saturday’s sale was a French carved oak coffer which was valued at £700 to 900, but sold for £13,500.