as collectible contemporary design accomplished a presence in the secondary market? Does it hold its value? I have been asked this question by clients and architects considering acquisitions of museum-quality contemporary furniture and lighting, which have come to dominate the interior decor of our age. Since the international auction houses rarely present pieces of 21st-century design, and since much of this material has moved from hand to hand in a private manner, it has been difficult to respond. However, this question has been partially answered in the past weekend when a chair by Wendell Castle fetched $175K at Rago Auctions, matching its current value. More to come.