the furniture champions of added value

by time news

2024-03-15 08:26:28

Par Dorian Girard

Published 2 hours ago, Updated now

Designer furniture auctions have become widely popular thanks to their promotion by major auction houses such as Sotheby’s. Here, the exhibition “Alchemy: Art x Design” organized by Delphine and Reed Krakoff, in New York in 2015. GRANT LAMOS IV / Getty Images via AFP

EXCLUSIVE RANKING – Reputed to be more “healthy” and less “speculative” than that of classical art, the designer furniture market also allows, with a few precautions, to achieve significant capital gains on resale.

In the artistic world, design occupies a unique place. Tables, chairs, armchairs and lighting have gained recognition over the past twenty years among collectors. So much so that the Barnebys site estimated 330% the increase in turnover from sales of designer furniture between 2009 and 2016. Auctions in the field have thus become democratized, we are witnessing record sales, like the unique mirror of the French sculptor Claude Lalanne, discovered after her death in 2019, and sold last October at 4 .4 million euros.

However, design is not reserved for the most fortunate. “There is a huge market for pieces from 2000 euros. You can find beautiful industrial furniture, Italian…

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