Mid century modern furniture has become increasingly popular in recent years, with its clean lines and timeless design. If you own any pieces from this era, you may be wondering how much they are worth.
Valuing furniture can be a tricky process, as there are many different factors to consider. In this guide, we will explore the various elements that determine the value of mid century modern furniture. By the end, you will have a good idea of how much your pieces are worth.
Design and Condition
One of the biggest factors that determine the value of mid century modern furniture is the design and condition of the piece. Some designs are more desirable than others, and this can greatly affect the price. For example, pieces by famous designers such as Charles and Ray Eames or Hans Wegner will generally sell for more than pieces by lesser-known designers.
In addition to the design, the condition of the piece is also important. Pieces in excellent condition will sell for more than those with damage or wear and tear. This is because buyers are looking for pieces that are in as close to new condition as possible. If your piece has any damage, such as scratches, dents, or stains, it will likely bring down the value.
Originality
Another important factor when valuing mid century modern furniture is its originality. Pieces that are all original, meaning they have not been restored or refinished, will typically sell for more than those that have been altered. This is because original pieces are rarer and more valuable to collectors.
If your piece has been restored or refinished, it is important to take this into consideration when valuing it. While a well-done restoration can increase the value of a piece, an improper restoration can actually decrease its value.
Provenance
Provenance, or the history of a piece, can also play a role in determining its value. If a piece has a well-documented history, such as being owned by a famous person or being part of a notable collection, it can greatly increase its value. This is because collectors are often willing to pay more for pieces with interesting stories or histories.
However, if you do not have any information about the history of your piece, it is still possible to determine its value based on other factors such as design and condition.
Market Demand
The demand for mid century modern furniture can also affect its value. In recent years, there has been a surge in popularity for this style, which has driven up prices. However, this can also work in reverse. If the furniture market becomes flooded with mid century modern pieces, it can decrease the value as there is less demand.
Another factor to consider is the location of the market. In areas where mid century modern design is particularly popular, such as California or New York, prices may be higher than in other areas.
Determining Value
Now that we have explored the factors that determine the value of mid century modern furniture, how do you actually go about valuing your pieces?
One option is to do some research online. Sites such as 1stdibs or Chairish can give you an idea of what similar pieces are selling for. However, it is important to keep in mind that these prices may not be entirely accurate, as they are often inflated by seller fees and commissions.
Another option is to consult with an appraiser who specializes in mid century modern furniture. They will be able to give you a more accurate appraisal of your pieces based on their expertise and knowledge of the market.
Conclusion
Valuing mid century modern furniture can be a complex process, but by considering factors such as design, condition, originality, provenance, and market demand, you can get a good idea of how much your pieces are worth. Whether you plan to sell your pieces or simply want to know their value, understanding the ins and outs of mid century modern furniture valuation can be a valuable tool.