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   A canopy bed is a decorative bed somewhat similar to a four Poster Bed. A typical canopy bed usually features posts at each of the four corners extending four feet high or more above the mattress. Ornate or decorative fabric is often draped across the upper space between the posts and a solid swath of cloth may create a ceiling.The canopy bed came into existence more for utilitarian means rather than for extravagance or decadence.