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Andrew Richmond PO Box 2199 Marietta, OH 45750 740.760.1788 andrew@wipiak.com
sales for examples in the Nipple Finial Group or the Natchitoches Group simply is not possible. Instead, the most practical method for assigning values for each chair in this collection is to include a single set of comparable sales that includes Louisiana vernacular chairs that illustrate the range of sale prices over the past fifteen years. Then, for each subject chair, it will be judged against those comparables in terms of quality, condition, and if possible, the specific regional group, and then a value will be derived and assigned.
Value Support
This chair is of the same group as Comparable 2. Another chair from this group, now at Bayou Bend, reportedly sold at a Fernan Sanchez auction 25+ years ago for more than $20,000.
Vernacular chair. Sold at Neal Auction Company, New Orleans, LA, 02/19/2016, lot 1034. Estimate: $800-$1,200. Realized: $2,806 (including buyer's premium).
Vernacular chair. Sold at Neal Auction Company, New Orleans, LA, 02/19/2016, lot 507 Estimate: $2,500-$3,500. Realized: $7,625 (including buyer's premium).
Vernacular chair. Sold at Neal Auction Company, New Orleans, LA, 05/17/2003, lot 227. Estimate: $2,500-$3,500. Realized: $10,925 (including buyer's premium).
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Jack and Pat Holden
Fair Market Value for Non-Cash Charitable Contribution Appraisal Report
Effective Valuation Date: 00/00/00
(LCF19)
Location: Maison Chenal, Upper Main Room FAIR MARKET VALUE: $8,000
Category: Funiture (Creole)
Creole-Style Slat-Back Chair
Nipple Finial Group
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