Can Luxury Furniture Be as Good of An Investment as Traditional Art?

Can Luxury Furniture Be as Good of An Investment as Traditional Art?

For those of us that love exceptionally designed luxury furniture we of course feel our investment in beautifully designed furnishings, or “furniture as art” in our eyes, is an excellent one on a personal level, but could it be a good financial investment as well? And perhaps even a better investment than a work of traditional “art”?

Authentic Signed Gold Gilt Wheat Sheaf Table by Chanel, gold metal dining table, antique dining table luxury furniture Can Luxury Furniture Be as Good of An Investment as Traditional Art? Authentic Signed Gold Gilt Wheat Sheaf Table by Chanel

Authentic Signed Gold Gilt Wheat Sheaf Table by Chanel

 

Research from the art and antiques platform Barnebys shows an increase in design pieces at auction post-recession, boosted by added accessibility thanks to e-commerce.

“Today anyone can get their hands on iconic design furniture for a very modest price, while international collectors continue to pay millions for furniture and design objects of the highest quality,” said Pontus Silfverstolpe, co-founder and head of content at Barnebys.

Bibliothèque by Jean Prouvé and Charlotte Perriand, c. 1952, antique bookcase luxury furniture Can Luxury Furniture Be as Good of An Investment as Traditional Art? Biblioth  que by Jean Prouv   and Charlotte Perriand c

Bibliothèque Maison du Mexique by Jean Prouvé and Charlotte Perriand, c. 1952, Sold at Sotheby’s for $314,557

 

Guilt Mirror by KOKET, gold sunburst mirror, gold metal mirror, luxury furniture, one-of-a-kind mirror luxury furniture Can Luxury Furniture Be as Good of An Investment as Traditional Art? Guilt Mirror by KOKET

Guilt Mirror by KOKET

 

According to Silfverstople an “Increased awareness among consumers and a growing interest in interior design have led to a greater appreciation for well-designed, high-quality furniture which tell a story and add personality to an interior.”

 

Divine Armoire by KOKET, luxury furniture, feathered armoire, cabinet luxury furniture Can Luxury Furniture Be as Good of An Investment as Traditional Art? Divine Armoire by KOKET

Divine Armoire by KOKET

 

Noguchi Coffee Table by Isamu Noguchi, c. 1947, antique cocktail table, glass coffee table luxury furniture Can Luxury Furniture Be as Good of An Investment as Traditional Art? Noguchi Coffee Table by Isamu Noguchi c

Noguchi Coffee Table by Isamu Noguchi, c. 1947

 

Elegant Curved Sofa with Teak Legs by Finn Juhl c. 1948, antique sofa luxury furniture Can Luxury Furniture Be as Good of An Investment as Traditional Art? Elegant Curved Sofa with Teak Legs by Finn Juhl c

Elegant Curved Sofa with Teak Legs by Finn Juhl c. 1948

 

“Interior and furniture design are slowly becoming items of fine art,” he said. “In fact, design has, in a lot of cases been a better investment than, for example, art during the same period.”

 

Barcelona Chair by Mies van der Rohe, c. 1929, antique chair, collectors item chair and ottoman, leather chair and ottoman luxury furniture Can Luxury Furniture Be as Good of An Investment as Traditional Art? Barcelona Chair by Mies van der Rohe c

Barcelona Chair by Mies van der Rohe, c. 1929

 

Eames Lounge Chair by Charles and Ray Eames, c. 1956, antique chair, collectors furniture, vintage chair and ottoman luxury furniture Can Luxury Furniture Be as Good of An Investment as Traditional Art? Eames Lounge Chair by Charles and Ray Eames c

Eames Lounge Chair by Charles and Ray Eames, c. 1956

 

Pair of Modern Swivel Chairs, c. 1960, antique chairs, red velvet chairs luxury furniture Can Luxury Furniture Be as Good of An Investment as Traditional Art? Pair of Modern Swivel Chairs c

Pair of Modern Swivel Chairs, c. 1960

 

As consumers value uniqueness and luxury becomes more than just about cost but also about value and personal enrichment, more and more people are turning to furnishings and decor that is rare, one-of-a-kind or limited-edition.

If you are looking for stunning furniture art be sure to check out all that KOKET’s full collection of luxury furniture and lighting!