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Ever wonder if your coffee table has artistic and monetary value? David Rago, owner of David Rago Auctions in Lambertville, has made a business out of finding answers to such questions. The collector-turned-dealer gathers decorative art--including early 20th century furniture, jewelry and pottery--from dealers and consignors and hen holds auctions to sell it. Last year a single auction brought in $1.1 million. This year the company expects to sell goods worth $5.5 million at 14 auctions.
With that kind of growth, it is little wonder that Rago and his 14 employees need more room. David Rago Auctions, which six years ago worked out of a 600-square-foot facility in Lambertville, last month moved into a 12,500-square-foot office at the other end of town. Rago explains that the company's new digs--which were once an underwear factory-will house an auction floor, administrative offices, a bookstore, a photography studio, and a publishing house.
David Rago Auctions, which plans to increase the number of annual auctions from six to 14, holds four types of auctions--1890-1930...