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April 30, 2008
Claremont Rug Company Announces
Additional Hudson River Valley Collection
Gallery Adds 65 Investment Level Carpets
To "Once-in-a-Lifetime" Sale
Oakland, CA-April 30, 2008- Jan David
Winitz, founder and president of Claremont Rug Company, today announced
a significant extension of the Hudson River Valley Collection
inventory, referred to on Forbes.com as "one of the most significant
single acquisitions of art-level antique rugs from a private source in
the past decade."
The first phase of
the collection, 225 19th century Oriental carpets, was acquired from an
undisclosed, retired Wall Street financier whose primary residence was
in the Hudson River Valley of New York.
"I am delighted to report it is creating quite a stir among both American and European connoisseurs," Winitz said.
"And now, his sister, also a lifelong collector, has offered us 65
consummate quality pieces she has collected. She was extremely pleased
both with our transaction with her brother and by the reception from
our clientele for his collection", Winitz said.
Characterized by Winitz as a veritable "mother lode" of rare rugs, the
first portion of the Hudson River Valley Collection was a "broad
canvas" of carpets. The sister’s collection emphasizes area-size
rugs and contains many highly collectible pieces.
"Her rugs are so awe-inspiring that she hung many on the walls like
paintings," he noted. The collection also includes room-size antique
carpets from her two residences.
"As with her brother’s collection, her cache contains a series of
once-in-a-lifetime, museum-level works of a caliber that virtually
never come to market," said Winitz. One example, a Bakshaish
Camelhair Long Rug dating to the second quarter of the 19th century
"presents a one-in-the-world use of archetypal designs and artful
asymmetry.
"Her room size Ferahan
Sarouk inscribed with a date corresponding to 1804 A.D. and signed
‘Masterwork of the Delmaghani family,’ features an unfathomable level
of preservation at over 200 years old," he said. "This monumental
work of woven art demonstrates the pinnacle of craftsmanship and
reaches a profound artistic height achieved very occasionally, even in
such early pieces."
Winitz, an
internationally recognized authority and author, has been acquiring
museum-level carpets for more than three decades. "The depth and
quality of both Hudson River Valley collections is utterly astounding,"
he said.
"The two generations of this
family have been very serious, major collectors of this art form over a
50-year period and I have tremendous respect for how exhaustive and
uncompromising they were. Both the brother and the sister
inherited masterworks from their parents’ massive collection and
strategically supplemented them with many important purchases of their
own. Several of the rugs are of a caliber that has been unseen in
the international market for decades." he said.
Claremont Rug Company was founded by Winitz in 1980 and is
internationally recognized for its extensive collection of art-level
antique Oriental rugs.
Also
see:
FINANCIAL TIMES - "Treasures You Purchase to Hold on to" (3/29/08)
Download printable version 
MARKET WATCH / THE WALL STREET JOURNAL - "Global Leap in Best Antique Rugs as Major Works of Art " (7/14/08)
Download printable version
MARKET WATCH / THE WALL STREET JOURNAL - "Domestic and International Connoisseurs Embrace Antique Rug Sales Event in “Next Frontier of Art Investing” " (6/2/08)
Download printable version
THE MERCURY NEWS - "Rare rugs" (5/30/08)
Download printable version 
REUTERS.COM - "Claremont Rug Company Holds Globally Significant Exhibition… Rare, 19th Century Caucasus Rugs" (12/17/07)
Download printable version
FORBES.COM - "Claremont Rug Company Acquires “Mother Lode” Collection of 19th Century Art Carpets" (2/12/08)
Download printable version 
FORBES.COM - "Increasingly Savvy Clients and Decreasing Availability Combine with Internet To Create Perfect Storm in Rare Rug Market" (10/24/07)
Download printable version
MORNINGSTAR.COM - "Demand for Antique Carpets and Rugs Expands While Availability is Reduced" (9/16/07)
Download printable version
FORBES.COM - "Leading Antique Carpet Dealer Cites Boom in Internet Sales" (9/5/07)
Download printable version
WORTH MAGAZINE - "Masterpieces Underfoot "
Download printable version 
CALIFORNIA CEO - "Putting
Out the Red Carpet: The Claremont Rug Company has woven a close
relationship with its customers thanks to a wise use of the Web."
Download printable version
CIO Magazine
- "Carpetbaggers: The Claremont Rug Co., purveyor of antique carpets
made centuries ago by Southwest Asian nomads, has benefited doubly from
the great leap forward to the Internet."
FINANCIAL TIMES - "How
To Spend It: East bay passions. The sit-ins are long since over, says
Holly Finn, but Berkeley has plenty to shout about...The Claremont Rug
Company - one of the world's best sources of antique carpets - is here."
Download printable version
SAN FRANCISCO CHRONICLE - "Art At Your Feet: Antique or copied oriental rugs express their weavers' inspirations"
Download printable version
OAKLAND TRIBUNE - "Web Helps Rug Store Clinch Sales"
BEL AIR ARTICLE - "What Hotel Bel Air (Beverly Hills, CA) says about Claremont Rug" |