A pair of antique chairs to be included in the Fine American & European Furniture, Decorative Arts & Silver auction on 25th September is expected to cause a stir of excitement among collectors of American decorative arts.
The chairs now have an estimated value of $50,000 (£33,000) to $80,000 (£51,000).
The auction will be held at the Madison Avenue galleries and will include the two chairs, which are made of teak with brass overlay. The chairs were designed by Lockwood de Forest following his honeymoon, where he had been influenced by East Indian techniques. The antique chairs stood in the entrance of his New York home up until the 1920s, when he moved across the continent to California. The chairs were sold at auction to William Randolph Hearst, who was buying the most outstanding antiques during that time.
Specialists at Bonhams have invested a great deal of time to substantiate the history of the chairs, which are also the subject of an article in the Bonhams magazine. Other items of interest which are being auctioned include an antique table, antique dining chairs and silver wine coolers. Along with a description of each item, a snippet of history is included with the piece.
Although buyers may discover a bargain at auction, they will pay more as a buyer’s premium is typically included in the final price. Some items of antique furniture may be available at reputable antique dealers for a much lower price.
No comments yet.