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The last few days have been very busy here at Rug Rag between Verifications and several other projects in the mix. Wednesday and Thursday we have a few guest posts lined up which we are very much looking forward to publishing as well.
Let us know if you have any topics you would like us to address going forward, we would love for your feedback: davidd (at) rugrag.com
In the meantime, we thought we'd add a short news update:
Lot 318 of Sotheby's Doha Sale on March 19 2009 sold for the 2nd highest price this year for rug. It was a silk Heriz measuring approximately 4'9" x 6' with an estimate of $80,000 - $120,000 ended up selling for $92,500 including buyer's premium.
We found this rug interesting for two main reasons: The design is slightly less common for silk Heriz, yet similar "sister" rugs were noted in our database from two sales in the early to mid 1980's. Take a close look at the similarity of the checker pattern in each example's spandrel.
Below: Lot 318, March 19, 2009. Sotheby's Doha.
Below: Lot 172 May 19, 1984. Sotheby's New York.
Below: Lot 424 April 10 & 11, 1981, New York.
Currently the highest price (and World Record) is the Pearl Carpet of Baroda for close to $5.5 Million. The third highest measuring in at just under 4' x 6' was a Zareh Penyamine Kum Kapi (Lot 52) which sold on March 3rd for $86,500 despite the lot estimate of $20,000 - 30,000. Below is a close up image of the Kum Kapi (Kum Kapour) from our visit to the Sedlin gallery view pre-hammer.
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