22 Apr 2021
February 13, 2018 - Filed under: Antiques Advice — Harriet

An antique expert is predicting that Ikea furniture could be valuable in the future.

The founder of the Swedish furniture retailer, Ingvar Kamprad, died last month at the age of 91. He pioneered the production of well-designed but affordable flatpack furniture.

It is unlikely that many people purchase Ikea furniture as an investment, but Pontus Silfverstolpe, cofounder of Barnebys auctioneers, has predicted that Ikea goods from the 1970s to the 1990s could soon be valuable. He explained the reasons for his forecast:

“When a new generation becomes financially established they usually start to buy what they saw around them when growing up We saw it clearly around the turn of the century when the Scandinavian design from the 1950s and 60s became incredibly popular, and now it’s increasingly 1970s and 90s.”

There have been several recent sales of modern Ikea furniture that have fetched high prices. Vilbert flatpack chairs designed by Danish designer Verner Panton sold for £60 in 1993, but are now worth £700. Amiral steel and leather chairs from designer Karin Mobring are worth £875.

Most of the Ikea furniture that fetches high prices were low-selling items that were quickly discontinued by Ikea with not many produced.

When you visit your local Lancashire antiques shop, you probably will not find Ikea furniture, but if late Victorian furniture is more your style, you will see many fine examples for sale. Unlike Ikea furniture, you do not have to assemble the furniture at home!

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