What started as an inexpensive small-space solution for your first apartment may now be worth a new car or a trip abroad. Vintage IKEA furniture is reportedly selling in online auctions for up to $65,000, Architectural Digest reports. The trend was first spotted by The Daily Mail on Barnebys, a website that aggregates sales from thousands of auction houses.
"Our records show that there is a huge demand, greater than ever before, for vintage IKEA furniture. There has been a big boom within the last year that has been felt in markets all across the world," said Barnebys co-founder Pontus Silfverstolpe to The Daily Mail. Unsurprisingly, the pieces yielding the greatest return were created back in the 1940s and '50s. "Unlike many of their items today, IKEA's older products were made very well and have stood the test of time," he added.
The most expensive piece sold so far is the iconic IKEA mushroom chair, which was released back in 1943 right after the store was founded. Just one of these vintage gems can now earn you upward of $65,000. Less extreme but still impressive are the colorful flatpack chairs designed by Verner Panton back in 1993, which are now going for $700 each, and the Amiral Steel and leather chairs by Karin Mobring, which can fetch you almost $1000. "When a new generation becomes financially established and begins to trade at an auction, they usually start to buy what they saw around them when growing up," Silfverstolpe concludes.
Head over to Architectural Digest to see more of the high-profit items.