I purchased this lamp for $6 at a thrift shop and had the plug rewired at my local hardware store for $11. Found glossy white paint in the basement and painted over old base. Ordered a black drum lamp shade (8"x 11") from lampsplus.com for $20 and I have an awesome new lamp for less then $40 bucks!
super cute on the bar!
Check out a very similar makeover by Navy Bean Blog.