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Cut-price vase urns me £20m

China-AN antique Chinese vase has sold for £20million — after a deal to flog it for £43million broke down.

Ex-solicitor Tony Johnson, 56, inherited the 18th century vase — initially valued at £1million — from an aunt in 2010.

A Chinese tycoon agreed the £43million deal but sparked a two-year row as he refused to pay £8MILLION auction fees on top.

Tony, of Ventnor, Isle of Wight — who owned it with mum Gene, in her 80s — has now sold the 16ins porcelain vase to a new Far East buyer.

Expert Ivan Macquisten said: “At a Beijing show, a similar vase was listed in the top 12 items in Chinese art history. It wasn’t as good as this.”