In the News


0

0 N THE 16TH CENTURY, Cardinal Wolsey of England was a great collector of carpets. It is said that when the Venetian ambassador presented him with a bale of Turkish rugs, Wolsey demanded 100 more to furnish his palace at Hampton Court. His rival collector? King Henry VII. Men like Frick, Hearst, and Getty developed great collections in their time. And for 21st-century titans, there is a dealer who provides access to the world's finest rugs.

Jan David Winitz, founder and president of the Claremont Rug Company, deals in art-level Persian antique rugs for the connoisseur -- whether one is looking for a home collection, or buying as an investment. "Many clients start with one room and ask us to place a piece. We have two clients in particular who are incorporating rugs into their private museums," says Winitz, whose main showroom is in Oakland, Calif. His passion and knowledge have gained

0

him access to private collections worldwide since he began the company in 1980.

Winitz and his experienced staff cater completely to their clients, people with whom they have worked a number of times. "We help find which aspect of rugs they're interested in," he says. "Some people focus on tribal rugs or Caucasian. We give private tutorials, so they can make educated decisions when the great piece arrives." There are many factors to consider when purchasing collectible rugs from the 19th and 20th centuries, including cost. For a small rug measuring three by five feet, prices start in the $6,000 to $10,000 range, with a rare specimen costing more than $100,000. Roomsize carpets begin around $18,000 and can top $300,000.

By Kate Wafer, published in the September 2008 issue

0

Also see:

NEW YORK TIMES - "When the Cabin Becomes a Sales Floor" (9/02/08)
Download printable version

FINANCIAL TIMES - "Treasures You Purchase to Hold on to" (3/29/08)
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

YAHOO FINANCE - "Claremont Rug Company Announces Additional Hudson River Valley Collection " (4/30/08)
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"