Started in 1912 by Edward Hudson Lane, the Lane Furniture Company has been making cedar chests since the 1920s. At that time, the chests were marketed as "Hope Chests." If you have a Lane cedar chest in your home, it may be worth something as a collectible or antique item. Generally, older Lane cedar chests are worth more than the newer ones. You can determine the value of your Lane cedar chest on your own.
Inspect the chest to determine its condition. For the highest value, it needs to be in as close to "like new" condition as possible. Original hardware also increases value. If you have a chest that has a lock, having the key increases the value. If you also have the original documentation in the chest, the value increases.
Look for the serial number on the cedar chest. It can be found either on the back, the inside or the bottom of the chest. Read this number backwards to determine the age of the chest. For example, if the number is 953050 or 2953050, the production date is May, 3, 1959. In the second number, the extra digit denotes the plant that produced the chest.
Visit a local antiques dealer in your area to have the chest appraised. The appraisal will let you know the value of the chest, which may differ from how much you can sell it for depending on market demand. If you are not sure where to find one in your area, the Sunday Driver website (sundaydriver.com) bills itself as the most comprehensive directory of antique dealers.
Check current selling prices for chests that are similar to yours in age and condition. You can do this by looking at local antique shops, local newspaper classified ads and online auction websites. This allows you to see the current market value for the chest, which is based on demand. The higher the demand, the higher the value.