Hopefully the seller will have the good sense to take the money and reinvest it in a new chair. I've seen so many chair fortunes ruined by frivolous expenditures.
Hey, that chair is JUST like KKR: worth a fortune because an addled old guy says so. That whole auction was almost as detached from reality as private equity valuations.
@HiredGoons: For $28 million you could clone the dna of mammoths, reincarnate them, develop a large breeding herd and then create countless sleigh chairs just like this from their tusks. You could even have a mammoth pull the chair through the snow for an extra mil or so. I could do all of the above and still not spend $28 million.
Raising the fail paddle here, NYT. We reformed auction house girls know you only celebrate the financial infelicities of friends with big lot potential. (And death. We like death.)
03/24/09
You mean that works?!
Seems so obvious. Does Sotheby's sell groceries and the like?
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There would be great performance art potential in putting a few high-caliber slugs in that thing.
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02/08/09
It's an effed-up world, indeed. I think the manager at McDs who has a GED is making more than that.
(Also, it reminds me to remind myself to stay put where I am in the science field.)