GUEST: My cousin called me and said, "I'm at this garage sale. Our pastor has this chair, his wife hates it, and they just want to get rid of it." And so, I asked her how much, and she said, "$50." And I said, "Well, I'll buy it." So...
APPRAISER: Well, God giveth and God taketh away.
GUEST: Exactly, right.
APPRAISER: Okay. Do you know anything about the chair?
GUEST: I don't.
APPRAISER: It's designed by Warren Platner.
GUEST: Okay.
APPRAISER: And it's produced by Knoll International.
GUEST: Okay.
APPRAISER: And that sticker is under this ottoman seat, if we lift it up here.
GUEST: Okay.
APPRAISER: Right here. So Knoll International helps us date it.
GUEST: Right.
APPRAISER: Puts it into the 1970s, as opposed to the 1960s.
GUEST: Oh, okay.
APPRAISER: It's called a high-back lounge chair and ottoman.
GUEST: Okay.
APPRAISER: So this is a larger size and a larger ottoman. Original fabric. I think somebody could work with that to tighten it up, and I think it'd be important to keep the original cover with the piece. It's a bronze base. If we look at this metal wire base down here...
GUEST: Uh-huh.
APPRAISER: ...that comes in two different finishes, a nickel finish and a bronze finish. Bronze finish is the more desirable finish. Nickel finish has a tendency to rust.
GUEST: Okay; is this one a bronze or a nickel?
APPRAISER: This one's bronze.
GUEST: Oh, okay.
APPRAISER: So very popular style. Postmodern furniture is very collectible today.
GUEST: Uh-huh.
APPRAISER: It serves a lifestyle. This is a nice, big, comfortable chair.
GUEST: Yeah.
APPRAISER: The way people want to live in an informal way today.
GUEST: Yes.
APPRAISER: Now, how long have you had it?
GUEST: I've had it since September.
APPRAISER: So $50.
GUEST: $50.
APPRAISER: I'm happy to inform you that today at auction, this chair would bring between $2,000 and $4,000.
GUEST: Holy cow! (laughing) Wow, wow. Very cool, very cool. That's a good $50 investment.
APPRAISER: I'd say so.
GUEST: Yeah!
APPRAISER: Individually, we'd probably put $1,500 to $2,500 on the chair...
GUEST: Okay.
APPRAISER: ...and $500 to $1,000 on the ottoman.
GUEST: Okay, wow.