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early american furniture

Early American Bureau Table Sells For High Above Estimate

Filed under: Auctions

An 18th century mahogany bureau table carved by an American cabinetmaker stunned the crowd at a Christie's auction of Important American Furniture, Folk Art, English Pottery, Rugs & Prints in New York last week when it sold for nearly $5.7 million, making it one of the most expensive pieces of American furniture. The estimate had only been for $700,000-900,000 but heated competition drove the price to the $3 million dollar threshold. After that a pair of bidders in the saleroom battled it out until auctioneer John Hays dropped the gavel at $5 million. With premium, the final price realized was $5,682,500.

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