The most expensive rug ever sold is the Sotheby's '17th Century Antique Persian Carpet' which sold for $33 Million. Shattering all records and becoming the most expensive rug ever sold, the auction at Sotheby's New York baffled everyone.
Are Persian rugs a good investment?
Persian rugs can be good investments if you make the right choices. ... Persian rugs offer the buyer a resale value that a mass-produced modern rug does not. Even a handmade vintage rug or runner can be sold after many years use at its original price or a profit and is very unlikely to finish off in a landfill site.May 17, 2017
How much do Persian rugs go for?
What is the average price for a Persian rug? The average cost of one Persian area rug ranges from $250 to $350 depending on size, material, and pattern type. Prices can increase based on factors such as age or rarity. For example, you will pay more for an antique than a contemporary piece.Jul 10, 2019
How much is a real Persian rug worth?
A real Persian rug, one from Iran, of the same size would range from $15,000 to more than $20,000. Antique rugs, those more than 75 years old, are even more challenging to judge and buy.Jan 29, 2000
Do Persian carpets increase in value?
Not every rug is worth reweaving! Authentic, hand-knotted Persian and Oriental rugs can certainly increase in value, but it can take years, if not decades. We recommend that you buy a rug because you love its beauty and craftsmanship.Jul 30, 2020