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These trends are observed clearly in magazine displays, social media posts, and Pinterest, followed by changes in the direction of retail and auctionhouse sales. In the past, furniture companies and named designers' ideas were the only ideas showcased on the printed or digital page. By, Lisa Duke, ISA CAPP
Whether through prestigious auctionhouses or direct transactions with passionate collectors, there is a continuous eagerness for these timeless treasures to come to light. Items associated with World Wars, when in exceptional condition and possessing rich historical provenance, can command significant value in the market.
Why Provenance is Paramount As the holiday season approaches with calendars full of significant auctions and art fairs, you’re probably finding your inbox filled with emails reflecting on the sales trends expected to shape the market in the coming year. Allen, and the Ann and Gordon Getty Collection.
Examples of retail replacement value are the price an art gallery asks for a painting in their inventory, the asking price of a table by a furniture designer, or the manufacturer listed price of a sterling silver serving item. That $400 is called the hammer price, referencing the tradition of the wooden gavel.
Freeman’s Hindman recently had a couple of standout sales in American furniture, with a set of six Queen Anne walnut chairs fetching $64,000. Although its provenance didnt trace back to its origins in Pennsylvania, it still had a solid history and brought a nice price for a piece of its size.
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