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To decorate the mansions and luxury hotels, people like to get high-end and exotic furniture items that make their space look lavish. According to the statistics, in 2017, the global market size of luxurious furniture was around 23 billion U.S. dollars, and in 2023 it is predicted to reach 30.3 billion U.S. dollars.
Sounds insane, right?
Some millionaire customers of these furniture items demand to get the most stunning and modern items, and others steer towards more antique and vintage styles.
People generally invest a jaw-dropping amount of money in these furniture items because of their rich heritage, history, and functionality or simply because they look extravagant.
Thinking about how much can be that jaw-dropping money? Here is a brief list of items considered the most expensive ones.
10. Venice Mirror – 20,000 € or $21,612
Mirrors add a touch of elegance and beauty to one’s home or office space.
But the Venice mirror of Boca do Lobo is on a whole new level of beauty and craftsmanship. And it is regarded as the most expensive mirror.
Thinking about the reasons for such prices? This mirror is a handicraft and designed with precision. The mirror in the wooden structure is finished in dark red colors. It looks absolutely exquisite.
9. Parnian Desk – $200,000
Rare wood furniture like walnut and cocobolo desks are a unique addition in any office. However, some desks are worth around $200,000 as well.
Yes, let that sink in.
The super convenient desk is made by an Arizona-based company. Exotic wood is used to construct it, for example, ebony and Carpathian elm. Furnished with top quality glass, it is the most luxurious looking furniture piece for the exotic office.
8. Metamorphosis Bookshelf – $75k
Books are priceless. But ever wondered how much a bookshelf can be pricy?
Here is the most expensive bookshelf ever sold. Its designer, Sebastian Errazuriz, took inspiration from her grandmother’s garden and designed this breathtaking bookshelf worth the price tag. It is not just a bookcase but a great piece of art itself. The designer used Baltic birch plywood, which is known for its strength.
7. Ruijssenaars Magnetic Floating Bed – $1.6 Million
Yes, you read it correctly. This futuristic bed is seemingly floating in the air. It can withstand the weight of up to 900 kgs, and it is the most phenomenal piece of furniture ever sold. Behind this design, there were two great guises Architect Janjaap Ruijssenaar and Bakker Magnetics. It was a collaboratory project that took 6 years to build into its final form.
For construction, the opposing sides of permanent magnetics are used so they can float 40 centimetres above the ground. It looks aesthetic and elevates the design of luxurious bedrooms for sure.
6. Le Grand Queen Bathtub – $1.7 Million
A relaxing bath after a tiring day is everyone’s desire. But have you ever thought of spending $1,700,000? Well, deep pocket people spent that much to get a soothing bath. The price of this extravagant and luxurious bathtub is high because of the rare gemstone called Caijou. It is the rarest gemstone used by ancient civilizations. Its designer, Simon Krapf, crafted this gemstone in the shape of an Indonesian canoe. It contains healing properties.
At the Dubai International Jewelry festival, this stunningly designed bathtub was sold to an anonymous buyer.
5. Lockheed Lounge Couch – $3.7 Million
The most sophisticated and luxurious piece of furniture!
Crafted by the Australian-born designer Marc Newson, it was featured in the music video “Rain” by Madonna (in 1993). It is designed from welded aluminum, and the body is made up of fiberglass-reinforced plastic. Moreover, its three legs are covered by rubber.
4. The Tufft Table – $4.6 Million
This hand-carved wooden table is not just an ordinary one. The finishing and precision it possesses is the Rococo style of the early 18th century. The fine carving and intricate design make it matchless. It was designed by exceptional desk makers Goddard and Townsend.
This antique table was sold at the price of $11.4 Million. And it was recorded as the most expansion American piece of furniture ever sold.
3. The Givenchy Royal Hanover Chandelier – $9 Million
Chandelier light up the space in the most aesthetic way. As it holds the light bulbs and candles of the chandelier beautifully enhance the elegance of the space.
But this chandelier is not the ordinary one. It was commissioned by King George II. Designed by his architect William Kent, it is the most expensive chandelier ever sold.
2. The Dragon Chair – $27.8 Million
It is not just an ordinary chair but the exclusive one designed by the Irish designer named Eileen Gray. What makes it so expensive is that when it was placed for auction, its price was about 2.3 million, but one of the admirers bid 10 times more. It was sold for $27.8 Million in 2009.
The handcrafted wood and leather are used to create this exceptional masterpiece. It will light up any space for sure.
1. The Badminton Chest – $36.7 Million
This exclusive and extravagant furniture piece is made up of precious stones and required 6 years of hard work by 30 talented designers. It makes it an unparalleled masterpiece. This Badminton Chest is worth millions partly because of its history. Many believe that it was under the possession of the third Duke of Beaufort in 1726.
It was designed in Florence, and now, it is in the Liechtenstein Museum.
Wrapping Up:
In a nutshell, it is not only you who is thinking about why people invest in this expensive stuff. The only reason is that people go for elegance and value. If they feel that a certain piece of furniture is not just furniture but a piece of artwork, they do not find it difficult to pay the price to own these stunning furniture pieces.