This is a vintage, later 20th century all leather upholstered large-sized lounging chair that is American made and sold through Bauhaus USA. The term Bauhaus is originally attached to the name of a German art school and art movement style that flourished from 1919 - 1933. Bauhaus USA Inc is the name of an American furniture company and it is not associated with the German art movement from the early 20th century. Bauhaus USA Inc is still in business. The estimate is based on actual recent past recorded auction sales of comparables. Retail 'asking prices' can be higher and vary.