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How Much Would You Pay For An Oriental Rug?

The question suggests two things – you have an excellent taste for interior design, and you probably have the funds to indulge it. You should not approach the purchase of large Oriental rugs lightly – determine your budget limit carefully and only deal with certified vendors. Even then, the bill can go in the thousands if you have chosen an authentic, high-quality piece.

Anyway, you will not likely come close to the biggest Oriental carpet purchase in history. It happened in New York and shocked even the most astute connoisseurs in the field. Sotheby’s “17th Century Antique Persian Carpet” shattered all records for auction bidding when it was sold for the astronomical $33 million. The pre-auction expectations were for a whopping $10 million for one of the rarest hand-woven masterpieces of its kind, so the triple price paid left those present with mouth agape.

According to inside sources, the purchase came from the Middle East. The Persian carpet is likely heading to a top-notch private collection or a museum. Who knows, it might even be going home – in Iran. Meanwhile, you should probably aim for something more economical.