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Value of an Imperial Furniture Cabinet?

Value of an Imperial Furniture Cabinet? - 5 drawer cabinetI bought this little cabinet from an auction and I'm curious about the value and the year. I'm having trouble finding info because Imperial Furniture in Grand Rapids, usually made tables. Any info would help greatly appreciated!

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Value of an Imperial Furniture Cabinet?
 

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July 2, 20200 found this helpful
Best Answer

Here are a couple of links to help you use the logo and date the piece.

www.collectorsweekly.com/.../251758-imperial-furniture-co-grand...

grpmcollections.org/.../2604

As for value, what you paid for it is the current market value because value is only what someone will pay and since you bought it, you set the market value for your town on the day you bought it. I do not want that to sound flip or impertinent...it is just a fact in the resale world and I have been in that world for over 50 years.

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If you want to flip it and make a profit, you can take what you spent, figure out what you want to make as a profit, and determine an asking price.

Furniture values are regional so you can start with that, asking high and then see what offers come in and then you can take the best offer.

There is a lot with the piece I can't see or smell which could lower what you could reasonably ask for it. If the drawers are not clean or are stained that will lower what you can ask. If it has any smells, that will significantly lower what you can ask.

It is a lovely piece!! Post back what you learn and how your sale goes and if someone else set the new value where you are located by purchasing it from you!!

 

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July 6, 20200 found this helpful
Best Answer

Imperial Furniture made nice pieces but mostly tables.
It looks like your cabinet was made in 1939 and if auctioned in the right place (you do not say how much you paid) it may sell for several hundred dollars.

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The problems with selling are many and the location is usually the biggest indicator of 'current value' as each area is different and some people see where an item sold for several hundred dollars and just assume that another item just like that would sell for the same price - but they do not take into account - the area/city the item was sold.

Not sure if you are wanting to know the 'value' because you want to know if you got a bargain or if you plan to resell your piece but whatever - you will have to find what you feel is the value because only a sold item determines value and that is what you paid.

You can look at eBay listings for Imperial Furniture and see what others are asking for their pieces but this will only be beneficial as information and not the value of your piece. You can also place a 'watch' on any item to see if it sells.

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www.ebay.com/.../bn_7022090892

Here is a link to sold listings on eBay so you can see that people are still buying this furniture but be sure you notice the pick up location.

www.ebay.com/.../i.html?_nkw=imperial+furniture&rt...

All of this is just information and does not give you any true value. You can look at some of the listings and decide what you would like to receive for your cabinet and start the price at that. You can lower it if no one shows an interest.
I would suggest you stay away from eBay (unless you are already a seller) and list it on sites like Craigslist, Facebook Marketplace, letgo, offerup, and any other sites you're familiar with.
Offer it as pick up only and list on several sites.
You will need several very good pictures, including open doors and drawers and a good description/measurements.

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www.furniturecityhistory.org/.../imperial-furniture-co

 

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