LCW worth $150,000  

That is exactly
... the kind of misinformation that makes my job very difficult.
Reports like that cause people to think that every old piece of furniture they have is a million dollar treasure.

@ Pegboard Modern
I second...
@ Pegboard Modern
I second that.

Ugh
Thirded.
Muppets.

How is it even possible that...
How is it even possible that they got the value so wrong?
Any highschool reporter would have figured this out after 5 minutes of research.

Hey boys and girls, don't be...
Hey boys and girls, don't be upset about a ridiculous article of an american local rag, just keep cool.

edited because it just wasn't my style. So sorry.

sorry.

DCW
Knock off a couple zeros and divide by 2 or 3.

Dealers
..are more often the ones with unrealistic price expectations.
A dealer is always happy to pay almost nothing to an unsuspecting seller, and than reap a huge profit on the piece.
While I understand that it has to work that way for a dealer to stay in business, it is still quite funny to hear a dealer complaining about lack of seller knowledge. After all, if it were not for lack of seller knowledge, how would a dealer survive?
Just sayin'

Depends on the dealer I think...
You're certainly not wrong, EH. But I've never bought anything off anyone for next to not. I've only ever "ripped off" businesses(mostly law offices) and government agencies. And I enjoyed every second of it, believe me.
What Pegboard seems to be referring to is the delusional $500 upholstered H based Eames side shell in fair to middling condition. Or like the other day when I came across a Saarinen side table in a southern antique mall marked $1500. "We sell at retail market prices." Ok, well, do you really think a southern antique shop is the proper market? Where do people come up with these prices? They see some auction or hear something and round up a few "Benjimans" I guess?

I hear ya Lunchbox..
Yes we have all seen the results of knowing "just a little bit" of superficial knowledge about a piece. Hence the delusional seller. (And I know that is what pegboard meant) It just made me think of the other side of that same coin.
Your own high ethical standards are hardly the norm in my experience as a buyer/ trader/ picker!
But you are right, it really does depend on the dealer. Some care about what you will think of them tomorrow, and some don't, and every working relationship is different. Nothing wrong with any of it really.
Of the ten or so dealers that I have known and dealt with more than once over the years, only two or three struck me as "fully transparent" about things from their side of the deal. (But I guess those odds would be the same for any group of sales professionals! LOL)

A early 50s DCW on par with...
A early 50s DCW on par with the Organic Competition Lama prices? Heh..
Even Yahoo picked it up and Mike from American pickers reposted it on his facebook page, assuring every person believes it. *slaps head in hands*
The problem is no one, has rebutted it. The poor sellers are going to be in for a surprise.
"

perhaps a good time to sell...
perhaps a good time to sell an LCW?

Alright
I really am sick of these reality TV dealers now. As if they weren't doing enough harm already now this dunce actually thinks an LCW is worth $150k? Get out.
Someone should contact him with a very generous offer to sell theirs at $75k.