Exclusive Dragon Armchair. Did you ever surprise what is the most expensive chair in the planet? How a lot of do you think that it value? The planet’s costliest chair was truly created between 1917 and 1919. Called the “Dragons Chair”, it is one among the masterpieces of Irish designer Eileen Gray and it has a rather fascinating history.
The sculpted wood frame that surrounds the brown leather depicts the intertwined bodies of two dragons. Originally bought in Paris by Susanne Talbot, it then went to Cheska and Robert Vallois, two Parisian furniture dealers. In 1971 it had been sold to a personal collector.
The Dragons Chair ultimately eventually found its means into the Art Deco assortment of the late clothier Yves Saint Laurant and his partner Pierre Berge who were the co-founders of the YSL luxury complete.
After Yves Saint Laurant passed on to the great beyond the chair went to auction at Paris’ Grand Palais on February 24, 2009. The auction was staged by Christie’s in association with Pierre Berge & Associes. The auction of the Assortment Yses Saint Laurent et Pierre Berge took additional than five hours and left even the most experienced art dealers astounded.
All but seven of the 100 fifty lots of rare Art Deco pieces were sold. All totaled, the sale generated over fifty 9 million Euros. Ten lots sold for over a million Euros every.
It absolutely was expected that the Dragon Chair would sell for an astronomical 2 to a few million Euros. It sold for nowhere near that, though.
When the ultimate hammer dropped Eileen Gray’s Dragons Chair sold for twenty a million 9 hundred thousand Euros. That’s $27,800,00zero.0zero US. Even Frederic Chamber, the auctioneer, was astonished at the worth. He expected it to sell for between 5 and seven million Euros.
To place the value in perspective, the previous high for any twentieth century piece of furniture was $3.eight million. That record was set in June, 2005, at an auction in Christie’s New York gallery when a glass and oak table by Carlo Mollino was sold.
Christie’s invested close to 2 million Euros to stage the pre-sale exhibition and auction at the Grand Palais. Of course it cost them a small amount additional money to publish a lavish set of catalogues for all the sessions.
However, considering that the low estimate for each sessions was exceeded in the primary session, and also the low estimate for the second session was met by the sale of the Dragon Chair alone, I’d say it was money well spent, wouldn’t you?