Black Americanna chair

I inherited this chair from my parents. It use to sit a the landing of my grandfathers funeral home in Cass City MI. When my dad or Uncle was bad they had to go sit in the chair for time out. The eyes are porcelin inlay with bright blue eyes. They follow you all around the room. I am trying to find some kind of history and a value for insurance purposes. Any help you can provide will be great. I will add a link for more photos. There is no stratches goughes or nicks.

Michael Douglas
Belleville IL (near St Louis)