{"id":26214,"date":"2021-11-05T05:10:08","date_gmt":"2021-11-05T09:10:08","guid":{"rendered":"https:\/\/briwebapp.net\/cfcofm\/?p=26214"},"modified":"2021-11-05T05:10:08","modified_gmt":"2021-11-05T09:10:08","slug":"turning-100-into-48000","status":"publish","type":"post","link":"https:\/\/briwebapp.net\/cfcofm\/blogs\/good-news\/2021\/11\/turning-100-into-48000\/","title":{"rendered":"Turning $100 Into $48,000"},"content":{"rendered":"<p><span style=\"font-weight: 400\">Michigan couple Maurice and Nancy Allen know how to spot a bargain.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">A cabinet the couple bought as newlyweds in 1950 for $100 fetched $48,000 at auction and was purchased by a national museum.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">The piece turned out to be a rare storage unit designed by midcentury modern masters\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/www.eamesoffice.com\/\"><span style=\"font-weight: 400\">Charles and Ray Eames<\/span><\/a><span style=\"font-weight: 400\">. Nancy Allen, now 98 and widowed, and her family hired a consignment shop\u00a0to assess her possessions before her move to Pennsylvania to be with her children.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">The cabinet was ultimately auctioned off and bought by a\u00a0curator for the Eames House, a museum and National Historic Landmark in Los Angeles. This sale is the most money ever paid for an original Eames storage unit, according to\u00a0Terri Stearn, founder\u00a0and president of Detroit Fine Art Appraisals.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400\">The auction house estimated a selling price of $20,000, which is already high for a storage unit. When it sold at $48,000, everyone involved was shocked.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"Today&#8217;s Good News ","protected":false},"author":15,"featured_media":25471,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"featured_img_display":"Yes","footnotes":""},"categories":[3096],"tags":[],"class_list":["post-26214","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-good-news"],"publishpress_future_action":{"enabled":false,"date":"2026-04-23 03:43:28","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"react_link":"https:\/\/country929.com\/blogs\/good-news\/2021\/11\/turning-100-into-48000\/","_links":{"self":[{"href":"https:\/\/briwebapp.net\/cfcofm\/wp-json\/wp\/v2\/posts\/26214","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/briwebapp.net\/cfcofm\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/briwebapp.net\/cfcofm\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/briwebapp.net\/cfcofm\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/briwebapp.net\/cfcofm\/wp-json\/wp\/v2\/comments?post=26214"}],"version-history":[{"count":1,"href":"https:\/\/briwebapp.net\/cfcofm\/wp-json\/wp\/v2\/posts\/26214\/revisions"}],"predecessor-version":[{"id":26215,"href":"https:\/\/briwebapp.net\/cfcofm\/wp-json\/wp\/v2\/posts\/26214\/revisions\/26215"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/briwebapp.net\/cfcofm\/wp-json\/wp\/v2\/media\/25471"}],"wp:attachment":[{"href":"https:\/\/briwebapp.net\/cfcofm\/wp-json\/wp\/v2\/media?parent=26214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/briwebapp.net\/cfcofm\/wp-json\/wp\/v2\/categories?post=26214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/briwebapp.net\/cfcofm\/wp-json\/wp\/v2\/tags?post=26214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}