Antique Furniture

There's an interesting article in today's Financial Times about the declining value of antique furniture. On Thursday Christie’s will be disposing of the stock of two of London’s leading dealers in antique furniture. Hotspur, founded in 1924, and Jeremy, which date back to1946, are both ceasing to trade. The official reason  is that the current owners, sons of the founding fathers and close neighbours in Lowndes Street, Belgravia, at 70 have no obvious successors. As the FT says, "it is difficult to ignore the fact that both dealers are giving up after almost a decade of declining fortunes for dealers in traditional English furniture. It is blatantly out of fashion."