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Above: October 7, 2009, A 400 year old hand knotted Safavid Silk Rug from Isfahan Persia sold at Sotheby's London, shattering the highest price per square foot
paid for an Oriental Rug. The Rug sold for for 2,729,250 GBP including
buyer Premium: $4,335,415.63 USD. Just ~ $100,000 short of the most expensive rug. A record investment of $226,853.11 per square foot (measuring 3'7" x 5'4")
Seen above: Measuring 7'7" x 5'7", this is not only the highest price paid for an Oriental Rug, but also the Second highest investment per square foot. The rug was last sold in 1990 to tobacco heiress Doris Duke who then donated it to the Newport Restoration Foundation after her death. It was then auctioned at Christies in 2008. Originally
the rug was categorized as a Silk kashan, but has since been re-evaluated as being what would more
appropriately considered an isfahan dating to the early 1600's: A Silk
Safavid Carpet. Sold at Christies on June 3rd, 2008 at Christies Auctioneers in New York City with a hammer price of $4,450,500! That translates to $105,113.37 per square foot. SEE ENTIRE RUGRAG.COM AUCTION BREAKDOWN!
Above, measuring in at a mere 6'1" x 5'4", the current world record for a Caucasian Oriental rug (Chelaberd Kazak) was sold by Freeman's Auctioneers in PA at a hammer price of $341,625. That translates to $10,534.23 per square foot.
This 16th centruy Tabriz, previously a Rothschild carpet, sold in 1999 at a Christies auction in London for a cool $2,400,000. The carpet measures 21 feet 8 inches by 11 feet 9 inches. That translates to $9,427.18 per square foot.
Above: A Safavid Carpet from the Late 16th Century, East Persia from the collections of Lili & Edmond J. Safra offered by Sotheby's for $2,032,000 (including buyer's premium) in November 2005. The carpet measures 27 feet 4 inches by 11 feet 3 inches. That translates to $6,608.21 per square foot.
Measuring in at only 3'8" x 3'9", this Chinese rug from the late Ming Dynasty was sold by Sotheby's Auctioneers in New York at a hammer price of $163,000 including buyers premium of 25%. That translates to $11,854.55 per square foot.
Also See Expensive Carpets 2008
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