This 1928 Jacques Le Chevallier table lamp recently sold at Los Angeles Modern Auctions for a cool $62,500. It was estimated to go for $20k. (Still a chunk of change!) Why the high price tag? Because it is considered to be a 'noted piece in the evolution of Modernism.'
That wasn't the only big ticket at the auction. These Billy Haines Brentwood lounge chairs were estimated at $15k to $20k, but they sold for double at $40,625.
One item did catch my eye, and at $13,750 it's actually the most affordable of the three pictured here. A photograph of Pierre Konenig's iconic Case Study House No. 22 taken by none other than Julius Shulman. Gorgeous.
Not all items on the auction block broke the bank; some surprised the estimators and came in under their perceived value. A Diamond chair and ottoman by Harry Bertoia sold for a reasonable $750 and a Peggy Christianson painting was pegged to bring in 2 to 3K but sold for just $125. To see these and other surprising price tags, visit this page at LA Times.