This €50 IKEA table could be worth THOUSANDS in just a few years 1 year ago

This €50 IKEA table could be worth THOUSANDS in just a few years

Have you heard of the LÖVBACKEN?

Last year, IKEA celebrated a huge milestone - and re-released a bunch of iconic products to celebrate.

The Re-Imagined Classics collection was launched to celebrate the company's 75th birthday and includes some seriously stylish pieces.

Including the LÖVBACKEN side table.

The three-legged side table was actually IKEA's very first flat-pack product - and we're already plotting out our trip to IKEA to get one...or two (or there's always the option to get it online).

At just €50, it's a total bargain that is not only gorgeous, but it will definitely stand the test of time.

According to some experts, the limited-edition product will only appreciate in value - with one company predicting it could be worth thousands in the years to come.

Swedish-based auction website Barnebys has predicted that within the next 12 years, the table could be worth anywhere between €1,100 to €2,000 - and it's only going to get better.

By 2040, the site is projecting that the table's value will increase to  between €3,300 and €5,500.

Barnebys co-founder Pontus Silfverstolpe revealed the estimations in a piece on the company's website, titled Future Antiques That Could be Hiding in Our Homes. 

He explained:

"Selling for thousands at some of Sweden's leading auction houses, the LÖVBACKEN has become a collectible for the most discerning of furniture experts.

"I wouldn't be surprised if the development in its value continues in the future."