Maitland Smith Credenza
Credenza in tessellated stone with brass inlay by Maitland Smith for Alexvale Furniture .
Height: 30 in (76.2 cm) Width: 60 in (152.4 cm) Depth: 19.5 in (49.53 cm)
Other
Yes
Hi Christina,
Thank you for contacting Mearto with your appraisal inquiry.
Based on the photos and information provided, and subject to examination, this is:
A vintage Late Century Modern brass inlaid stone veneered credenza
made by Maitland Smith for Alexvale Furniture, Philippines, 1990
Veneered with tessellated stone, the box-form cabinet with rounded ends fitted with two pairs of cabinet doors opening to a white painted shelved interior. Back with label.
Height: 30 inches (76.2 cm); width: 60 inches (152.4 cm); depth: 19 1/2 inches (49.53 cm)
CONDITION: appears to be in good condition
$800-1,200*
*represents a fair-market value for auction purposes; retail or asking price may vary.
Please let us know if you have additional items to appraise, and thank you again for using Mearto.
I’m wondering why there’s such a big difference in appraised price and what it was sold online for? https://www.1stdibs.com/furniture/storage-case-pieces/credenzas/maitland-smith-tessellated-coral-credenza/id-f_856421/
The values Mearto provides are fair-market, for auction purposes, and based on what comparable items have sold for at auction in the past few years.
1stDibs (and Chairish, etc) are RETAIL websites (sellers often buy at auction and then mark things up). The standard industry conversion rate from a retail value / selling price to an auction estimate is the low estimate is 1/3 the asking price while the high estimate is 1/2 the asking price.
Another way to explain the difference is to draw an analogy between buying a piece of clothing at, say Bloomingdales or Macy's (retail) and finding the same (albeit slightly used) item at Goodwill (auction).
Basically, in paying the seller's markup, you are paying for their expertise.
Does that make sense? Let me know if you still have questions.
Thanks for the additional photos, Christina.
This looks like veneer to me and I've appraised it accordingly. If this is solid stone, please let me know so I can amend this ASAP.
Delia