Update: This deal is over. The Wilshire Armchair is now sold out. Overstock marks down the Wilshire Premium Italian Leather Armchair from $699.99 to $349.99 as part of their Red Line Deals. Better yet, activate this link and pay with a new account to take $10 off and drop it to $339.99 plus free shipping, a $5 price drop since our last mention and a new all-time low. This chair features a hard wood frame, top-grain Italian leather, and no-sag spring construction. There's no sales tax (except UT).