“Fossil Wood” Antique Bed Auctioned for $66 mn

How about another exciting bling in the season of running auctions? Nothing less than platinum topping on diamond cake packed in box encrusted with gems and other precious stones. Well, doing away the monotony of artwork, paintings’ and statues; the latest antique item that has made up to auction scheduled in Putian, a city in east China’s Fujian province is an agalwood-made antique bed that demands a whooping sum of $66,414,292.

Experts’ claim the bed is made up of three tones of luxurious wood and is weaved with interesting and fragile dragons and influences. The USP of the rare agalwood is that it releases its fragrance as it grows old. But question remains which makes it so pricey? Costly wood! The designed bed is 2.2 mts (L) X 1.8 mts (W) X 2.4 mts (H) and this amount of agalwood used to carve this masterpiece was extracted from a 1000-year-old tree grown in Indonesia.

This personal belonging of Lin Rengui, who bought it from the descendants of the Qing dynasty, is no less than a national treasure. Experts believe $66 mn is not the deserving cost of the bed and also if the expertise of the bed is considered then it won’t fetch less than $265mn. But yes if you can’t afford to buy one, then calm down your curiosity with the Dekka daybed that bagged “Bo Bedre’s Furniture Award 2007″ and is retailed at $48,182.

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