Tuesday, October 7, 2008

UNPREDICTABLE PRICES

Queen Anne carved walnut Compass-Seat footstool Unpredictable Prices

Prices can be unpredictable but last week some were amazing. The Queen Anne carved walnut Compass-Seat footstool made in Philadelphia c. 1750 sold at Sotheby's with an estimate of $200,000 to $400,000. It auctioned for $5,234,500, the record price for a piece of seating furniture at auction.

6 comments:

Anonymous said...

wow.....that 5 and a quater million would have fed a lot of hungry people.

Anonymous said...

Quite a hefty price for a stool sample... :@

Anonymous said...

The rich in gas producing countries are disappointed if the price is too low. This is no indication of future values.

Anonymous said...

I just wonder WHY?? I know it's Queen Anne, but it's not that interesting or special looking. Are foot stools that rare? Perhaps the maker is important?

Anonymous said...

Just proves P.T. Barnum was right.

Anonymous said...

Was the footstool made by the Queen herself?