Author Topic: NYSE Seat--Info anyone???  (Read 1942 times)

jimler

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NYSE Seat--Info anyone???
« on: October 18, 2009, 06:46:13 pm »
Need help on this one...
I acquired this today via the Craigslist 'Free' listing, but now can't find any information on it. I think it's a pretty cool addition to my collection, but would like to know more about it, including the possible value.
This is supposedly a seat from the New York Stock Exchange, mounted to a stand and presented to a guy name George W. Lutes on April 18, 1973 in honor of 46 years of service to the NYSE. That tells me that this guy worked at the NYSE from roughly 1927 until 1973. Which would, of course, include the Great Depression. The following is what I know (directly from the Craigslist ad):

genuine stock exchange chair. authentic specialists chair #1367. says 'authentic specialists chair' and 'for 46 years of service on the New York Stock Exchange'. it was presented to George W. Lutes for 46 years of service on April 18, 1973.

The brass plaque actually reads:

     "Authentic Specialist's Chair
                #1367
             Presented by
        Office of Secretary
                   to
         George W. Lutes
         on April 18, 1973
  In Recognition of 46 Years of
     Professional Service to
The New York Stock Exchange Inc"

If anyone can give me any info at all about this find, I would sure appreciate it.


   
« Last Edit: October 18, 2009, 07:34:11 pm by jimler »

railman44

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Re: NYSE Seat--Info anyone???
« Reply #1 on: October 19, 2009, 09:07:50 am »
I would be very surprised if anyone knew the value.  It's such an obscure item.  But, then again, I could be wrong.

jimler

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Re: NYSE Seat--Info anyone???
« Reply #2 on: October 19, 2009, 07:45:12 pm »
Is there an antique/collectibles market for Stock Exchange memorabilia?

ironlord1963

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Re: NYSE Seat--Info anyone???
« Reply #3 on: October 19, 2009, 07:59:00 pm »
     There is collectors for almost anything.   The trick to get value of items this far left field is getting at least 2 wanting it at the same time.   Here if you are looking for value insurance purpose, set it around 500.00, wanting to sell 300.00 may take a bit, 100.00 and I'm sure it would move with just the history.  These values are pulled out of my Head (other word if you like)  ;D.   This is just what I would do, I know little about furniture but the formula is the same.

jimler

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Re: NYSE Seat--Info anyone???
« Reply #4 on: November 15, 2009, 09:07:47 pm »
ironlord,
Thanks for the input. I think this thing is just too cool and looks great in my basement 'man cave',  and will be keeping it for myself. I was just kind of curious as far as IF I decided to part with it, what might I get for it?
Again, thanks for taking the time to reply, as well as for the info.
Best,
Jay
« Last Edit: November 15, 2009, 09:24:15 pm by jimler »

KC

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I'm from the South - but please don't mistake my Southern Manners/Accent/Charm as a weakness!

jimler

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Re: NYSE Seat--Info anyone???
« Reply #6 on: November 18, 2009, 12:45:09 pm »
Interesting stuff!
Thanks KC!