Modern Furniture, Lighting, and Home Accessories

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Monthly Archives: March 2007

  • "Investing" in Furniture

    Well, as promised, here are my thoughts on investing in furniture.

    Don't do it !!

    That is, if you want a financial investment. If that is the case, then go see a financial adviser. Yes, there are people that can buy and sell furniture and make a quick buck, but, the odds are that you aren't one of them.

    Now, don't get me wrong, it isn't that I don't truly believe that furniture is a good investment, it's just that for me, it's an investment that will only pay off financially for those that I leave behind and that is only if I can't instill some kind of a sense of style into them before my time is up. Hopefully if that's the case, then they'll be fighting over these objects the way family members are supposed to when loved ones pass on. Not because they want to sell the items, but because something about each piece appeals to them on some level or another.

    Furniture is an investment in life and in lifestyle and depending on how much value you put on furniture as a part of lifestyle, you may or may not decide to invest in items for your home that others deem to be senseless extravagances for the wealthy.

    I continually find myself telling clients to slow down and think about the end result that they would like to achieve with their home. When Mel and I moved to our current home, we had one rule, "Nothing comes into the house that isn't part of our long term plan" Now this of course was pretty much impossible to achieve, because at that time we had a very limited amount of furniture that fit the plan, but we stayed as true to that as possible and it motivated us to come up with a plan and do our best to save up and buy the items that we really want. It isn't often that I sell anything anymore, but I have to let you know that I just sold six Marcel Breuer Cesca chairs for about half of what I paid for them three years ago.

    Let that be a lesson to me.

  • Fritz Hansen for free ??

    I just received my monthly copy of the Fritz Hansen E-News and thought I'd pass this along. As a subscriber, you will not only receive the latest updates from Fritz Hansen, but you will also be automatically enrolled for a chance to win free merchandise from them. They will be drawing four times a year. The current draw will be April 10, 2007 and the prize is 4 VicoDuo chairs by designer Vico Magistretti.

    How cool is that. Of course if you win and you don't have room for them, let me know and I'll see if I can free up some space. 

  • Limited Editions

    It seems like more and more manufacturers are giving clients the option of buying collectable limited editions of their furniture.

    Last year Herman Miller offered the Eames Lounge Chair and Ottoman for a limited time only with a 50th Anniversary emblem and also included a free book called:

    "The Eames Lounge Chair"

    "An Icon of Modern Design"

    A great read which can also be purchased seperately.

    Anyway, I've seen the likes of many more limited editions this year as well. Some worth mentioning:

     The Grand Prix Chair by Fritz Hansen (mentioned in a previous edition),

    The Componibili storage units by Kartell in Red,

    and

    The Panton chair by Vitra, available while supplies last in Orange.

    You just know that one day, all of these iconic pieces will be worth more than the asking price, as good old supply and demand comes into play and creates a market for these limited pieces.

    Can furniture actually be an investment?

    Stay tuned for another unbiased opinion. 

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