Old furniture from the interiors store can go for high prices at auction, in some cases 92 times what it originally sold for. But should you hang on to your Billy bookcase?
First published on Tue 29 Dec 2020 01.00 EST
Don’t chuck out your old flatpack furniture just yet – you could be sitting on a fortune. Since Ikea launched a scheme to buy back and resell unwanted furniture in November, classic designs once sold at bargain prices by the retailer have become expensive must-have items. Some collectors are willing to pay thousands of pounds for vintage pieces designed for the Swedish chain, including some that were common in stores as recently as the 1990s.
A set of four Vilbert chairs, a multicoloured MDF and melamine product sold by Ikea in the early 1990s for about £60, are on sale at Pamono, a vintage and contemporary furniture website, for more than £4,500.