Framed (Lucratively)

It wasn’t too long ago that old picture frames were regarded as junk with little or no value. “Today the same frames that dealers once gave away sell for $10,000 to $35,000. (The record for a single sale is $947,000, for a 17th-century amber frame auctioned at Sotheby’s in 1991.) Eli Wilner & Company has grown to 17 employees and does roughly $3 million a year in business. His collection has expanded to 3,000 frames, mostly 19th-century, but some dating back to the 1600’s.”