By Alex Marshall Reporting from London The trustees of one of the world’s most renowned private collection of Chinese ceramics on Wednesday donated all 1,700 objects to the British Museum in a gift that is valued at 1 billion pounds, or $1.27 billion.

The British Museum is to receive what is believed to be the highest-value gift ever received by a UK museum with the acquisition of £1bn worth of Chinese ceramics.Trustees of the Sir Percival David Foundation,

The British Museum is to receive the highest-value gift in UK museum history as it acquires £1 billion worth of Chinese ceramics. Trustees of the Sir Percival David Foundation are to donate 1,700 pieces to the London museum, based in the city’s Bloomsbury area.

The British Museum has received a historic donation of 1,700 Chinese ceramics valued at around 1 billion pounds. Donated by the Percival David Foundation, this is the largest gift in the museum's history.

The British Museum has been donated an extremely valuable collection of Chinese ceramics, worth a whopping £1 billion, making it the highest-value gift ever received by a UK museum.

The British Museum is to be given Chinese ceramics worth £1bn in what is believed to be the highest-value gift received by a UK museum. The addition of the items from the Sir Percival David Foundation will also make the museum's stock of the antiques one of the most important outside of the Chinese-speaking world.

The British Museum said on Wednesday it would receive 1,700 pieces of world-renowned Chinese ceramics worth around 1 billion pounds ($1.27 billion), in the largest donation in its nearly 300-year history.