If you have this Ikea furniture, you might be Dh260,000 richer

London - A handful of Ikea products have now made their way to 'statement pieces.'

If you have some really old Ikea furniture lying in your store room, then you are probably sitting on a pile of cash! When Ikea, the Swedish furniture manufacturer, was founded in 1943, it came out with some happening and not so happening furniture designs during that time. Now, ardent Ikea lovers who bought some of the company's iconic items decades ago can get sky-high prices for that classic piece of furniture.
According to reports in Mirror, art trend tracker Barnabys said that the surge in prices for the antic Ikea products was because the items were not popular then, leading to their discontinuation. A spokesperson for Barnabys said, "Today keen-eyed collectors search out Ikea items as this once modest furniture is commanding some astonishing prices at auction. The most sought after is furniture commands prices that are ten times higher than when these items were launched."
More than 60 years after the first Ikea store was launched, a handful of Ikea products have now made their way to 'statement pieces', fetching enormous cash bonanza.  Among the 2,500 pieces released each year, some products have garnered cult-status amongst art collectors, according to art trend tracker Barnebys.
Ikea's retro 'clam chair' which was released during the Second World War, a year after Ikea started, now sells for up to £50,000. While the 70's Teak bookshelf and cabinet combo could fetch up to £3,000 today.
In 1993, Ikea founder Invar Kamprad asked Danish designer Panton to design a piece of furniture and he came up with this colourful number named Invar Panton's 'Vilbert' chair. Back then it retailed at £60 but today it could get you up £700.
Also, a pair of olive chairs by Eric Wörtz which was a flop then, due to its design, is priced at £1,500 now, and, Amiral chairs by Karin Mobring could now fetch about £875.