Leigh Keno (of Antiques Roadshow fame) buys a rather unique and expensive armchair at auction.

As you'll see from the clip, Leigh is bidding for a rare World War I-era chair designed by Gerrit Rietveld. This particular piece is regarded as a work of art, literally; the blue and red version of this chair sits in the Museum of Modern Art. Leigh calls this chair "the essence of modern design... it's not a chair, its' a sculpture."

Enjoy the video, and watch the unveiling of the diminutive chair in Part 2.