Mulhauser Chair - Not enough buttons  

It was redone,
and not very well, sadly. There are lots of little tucks and creases where they shouldn't be, and the tufting wasnt done in the right pattern--it should form diamonds, not rectangles, between the buttons.
Pass.

Thanks, Spanky
The lady said that her family had owned the chair since it was new and had never had it reupholstered. So maybe it's a very early version. I may be passing up a valuable piece of history, but I really didn't like the juxtaposition of the buttons. Just because something is vintage doesn't mean it's beautiful. I took your advice and passed.

You may be passing up a valua...
You may be passing up a valuable piece of history, but I wouldn't put any money on a hearsay statement from a witness you won't ever get to recall to the stand, much less a witness with financial incentive to deceive.
So it'll probably sell when the price is low enough for someone to buy it and re-upholster it "right." Maybe that will even be you.

It won't be me
It's ugly and I trust Spanky over her any day.

Offer the seller $50. What...
Offer the seller $50. What are they gonna say, no? For $300 they are going to be sitting on a it for a while (pun intended)...

You can probably get for 200 if you try
If it were one with the wood base with the metal brace I would consider it for 300 and get it reupholstered as below .
Looks horrible how it is now.
http://www.reevesantiqueshouston.com/george-mulhauser-lounge-chair-plycr...

It could definitely be worth...
It could definitely be worth reupholstering if you really love it, but I can't imagine that tufting is going to come cheap...

If I can ever get Spanky to...
If I can ever get Spanky to restore a chair for me, I will pay in cash with lots of $1 bills over-stamped with "In *Spanky* We Trust."

haha
Flattery will get you nowhere, young man.

Are these chairs really
worth a $400-600++ reupholstery job for just labor and another few hundred for leather? They're not terribly well made. In addition, some Plycraft/Mulhauser chairs have super-thin inner shells, like 1/8" thick, which do not lend themselves to multiple stapling. If it's already been redone, I would not attempt to upholster it again.

Even
In its best form, this chair strikes me as a bit cheesy.

Well I think it is now establ...
Well I think it is now established that the value at which it is worth re-upholstering this chair is somewhere around negative $400. Most sellers I know don't go below the zero bound.
So the seller will indeed be sitting on it for a while.

You're right.
It's been reposted on the Rhode Island Craigslist for $250. Any takers?

Ha!
Check this out. It sold after all.
http://boston.craigslist.org/gbs/fuo/4528817447.html