Forbes.com - October 7, 2009

Globally recognized rug authority, Jan David Winitz of Claremont Rug Company, commenting on the $4.34M carpet purchase price at Sotheby's London, said, "The sale of the 3x5 Safavid today is indicative of the astonishing interest in the most rare, one-in-the-world Near Eastern rugs that art connoisseurs and collectors are avidly seeking out. Its price demonstrates that the previously established value levels of these nearly impossible to find rugs have significant room for growth...

"Interest in our 'Artistic Visions' collection event, gathered by three generations of a single family, has attracted unprecedented levels of interest, particularly for the finest, most important pieces. Carpets in this category are seldom available and, when they arise, the interest among connoisseurs is immediate and tremendously enthusiastic."...

Read Next Article