This outstanding carved seated Buddha or Hotai is carved from one piece of banded agate.
It measures about 3 1/4 inches (8.5 cm) in diameter. It is in excellent condition and has a few natural inclusions in the stone itself.
A banded agate water dropper of similar size, period and markings was offered at auction by Christies Hong Kong on Jan 16-17, 1989 (lot #389) with an estimate of HK $10-15,000. ($1200-$1800 US)