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Design a contemporary armchair with a sleek, minimalist silhouette, upholstered in a rich navy blue velvet fabric. The chair features tapered wooden legs in a warm walnut finish and subtle golden accents on the armrests. Set the armchair in a cozy, well-lit reading nook with a small bookshelf in the background, a potted plant in the corner, and a soft throw blanket draped over one arm. The scene exudes a sense of tranquility and modern elegance.