Sotheby's in London was pleased to see an item change hands for 10 billion dollars. An anonymous bidder from China called in the final bid. He purchased a "faux wood" IKEA Billy bookcase in mint condition and still in its original boxes for the astonishing amount of a 1 with 10 zeros. In 2008, the same Billy would have sold for $ 59.99. The IKEA "Billy" line of bookcases was one of the best selling items when IKEA was the number one retailer in the world in the late 1990's and early part of the 21st Century. An estimated one in four households worldwide in 2031 was said to have one of these now extremely rare pieces of furniture. IKEA spiraled downwards in the second half of the 21st Century after trying to make the transition to all-plastic products after the UN All-plastic Resolution of 2143 forbade any company to make use of trees and plants in their products. Companies like PlastoFurn and SynthoDesign that were already geared towards all-plastic drove IKEA out of the market with amazing speed to its bankruptcy in 2087. In the early 2100's people started collecting IKEA furniture and products and collectors have been driving prices up dramatically to the insane level that was reached today.
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