Whether you acquired your Oriental rug as an inheritance, bought it from a dealer or a private individual, or acquired it in a variety of other methods, knowing how much your rug is worth implies more than just understanding its monetary value.
For a variety of reasons, we’re frequently asked to provide expert rug appraisals. The quality of a rug’s workmanship, size, and materials used in its construction all have a part.
While the cost of replacement or market worth is significant, it’s also crucial to understand what a magnificent work of art has come into your possession. Today, we’ll look at three of the most compelling reasons to have your rug evaluated.
- Rug evaluations are required by insurance firms in order to appropriately protect an investment.
- If you’re thinking of selling your rug privately or at an auction,
- If you’d like to donate your antique rug to charity.
After 30 years in the Oriental rug industry, we’ve heard countless cases of clients who have lost these priceless works of art because they did not insure them. I believe that this is a common problem.
Our recommendation to customers and anyone else who owns an expensive contemporary or antique rug is to quickly have it assessed and insured.
