An online auction is raising questions about whether antique furniture is a legitimate investment.
The items are being offered by a group of people called the Vintage Preservation Society of New York, and it’s selling a set of 18 antique furniture from the 1800s for $25,000.
The item in question is a “bespoke chair with three pieces of gold on the top,” the Vintage Preserving Society said on its website.
The chair was made by an unknown French manufacturer and was purchased by an American couple in the 1940s.
The couple, John and Margot O’Connor, were able to sell it in 2010, the website said.
They later sold it to a friend of the couple’s, who then purchased it for $1,800, the Vintage Society said.
The chairs are made of bronze, but a few pieces are painted, the site said.
It is not clear what the owners intend to do with the furniture.
“The chairs are not for sale,” the website stated.
“They were not designed for any purpose and they are very fragile.
They were made in the late 1800s, but there are some items on the auction website that are dated back to the early 1900s, so the chairs might not be the oldest furniture on the market.”
Vintage Preservation Society of NY also says that they were not the original owners of the chair.
The company was formed in 2012 to preserve and preserve historic objects, and they’ve been selling antique furniture online since 2012.
It said the collection of furniture was purchased in New York in 2008.
It was purchased from a private collection, and its items were donated to the museum, the society said.