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Top Ten (10) Most Expensive Persian Rugs and Oriental Carpets Prices of 2008

Four major sales between two major Auction Houses Sotheby's and Christie's this year: Important Carpets from distinguished Collectors.  Select Fine oriental rugs and Carpets fetch high dollar and heavy bidding activity.*

Most Expensive Rugs 2009 results now available

   

Number 10:

 

Northwest Persian Tabriz Antique CarpetSotheby's

A TABRIZ CARPET, NORTHWEST PERSIA


Rug Rag Notes: Great example of traditional Mahi field allover-repeating pattern.  "Turtle" design elements in the border add really nice weight to the piece.  We saw this carpet in person: classic turn of the centry Tabriz colors in nice condition and well balanced design with reconcilled corners.  There was a change in dye lot toward the top of the rug, however does not detract from the overall aesthetics of the carpet.  This is a particularly large carpet as well.

See more photographs of this Tabriz and further lot description

 

 

 

 

 

 

Number 9:

TWO CARPETS TIED

 

Sotheby's

Ferghan Sarouk Carpet from Persia

A FEREGHAN CARPET, CENTRAL PERSIA

Rug Rag Notes: Nice example of a Fereghan Sarouk with great overall colors.  Border is a nod to old Safavid type borders which is somewhat less common for a Fereghan. Field is very expressive with loose symmetrical hour glass field with three "medallions".  

See more photographs of this Fereghan Sarouk and further lot description

 


 

 

 

 

 

Sotheby's

Antique Ninghsia Carpet from 18th century

A NINGHSIA CARPET, WEST CHINA

See more photographs of this Ninghsia Carpet and further lot description

 

 

 

 

 

 

Number 8:

Three Carpets Tied

   

Christie's

Portuguese Armorial 17th Century

A PORTUGUESE ARMORIAL CARPET

Rug Rag Notes: An old example with important collector lineage: From the collection of Tobacco heiress doris duke (one of the most discriminating collectors of Oriental Carpets and Persian Rugs) and the Newport Restoration Foundation.

See more photographs of this Portuguese Armorial and further lot description

 

 

 


 

Christie's  Agra Carpet from India: Antique

AN AGRA CARPET

Rug Rag Notes: A much older example with important collector Lineage: From the collection of Tobacco heiress Doris Duke (one of the most discriminating collectors of Oriental Carpets and Persian Rugs) and the Newport Restoration Foundation.  High decorative value.

See more photographs of this Agra Carpet and further lot description

 

 

 

 

Sotheby's

Persian Antique Tabriz

A TABRIZ CARPET, NORTHWEST PERSIA

Rug Rag Notes: From the Markarian Foundation, classic Tabriz with high decorative value.  Allover lattice design and traditional turn of the century colors.

See more photographs of this Tabriz Carpet and further lot description

 

 

 

 

 

 

 

 

 

 

Number 7:

 

 

Sotheby's

Mohtashem Persian Kashan Carpet, Antique from Persia

A 'MOHTASHEM' KASHAN CARPET, CENTRAL PERSIA

Rug Rag Notes: Mohtashem kashan carpets are typically among the highest "grade" of Kashan carpets made post 2nd quarter 19th century and pre-1900 vintage.  We saw this particular piece in person: there was some abrash and unequal weight in the design.  However, the execution, craftsmanship and quality demonstrated exceptional understanding of weaving.  Beautiful colors with high decorative value, an outstanding example of a carpet with high character.

See more photographs of this Mohtashem Kashan Carpet and further lot description

 

 

 

 

 

 

 

 

Number 6:

 

Sotheby's

Ziegler Mahal Highest Prices 2008

A ZIEGLER MAHAL CARPET, CENTRAL PERSIA

See more photographs of this Ziegler Mahal Carpet and further lot description

 

 

 


 

 

 

 

 

Number 5:

 

Christie's  Doris Duke Isfahan Circa 17th Century

AN ISFAHAN CARPET

Rug Rag Notes: A much older example with important collector Lineage: From the collection of Tobacco heiress Doris Duke (one of the most discriminating collectors of Oriental Carpets and Persian Rugs) and the Newport Restoration Foundation.  High decorative value.

Christie's:  "One striking aspect of this carpet is the minor border which displays an unusual vinery design incorporating stylized scrolled buds. No comparable minor border can be found on any other extant red-ground Isfahans but the motif is probably derived from vinery borders found in 16th Century classical Persian carpets....  This rare and complete example demonstrates all the highlights of classical carpets of the type and is a testament to the magnificence of Safavid court art."

See more photographs of this Isfahan Carpet and further lot description













 

 

 

 

Number 4:

 

Christie's  Small Medallion Ushak Highest Prices Paid 2008

A SMALL MEDALLION USHAK RUG

Rug Rag Notes: A very old example (circa 1600) in one piece.  Excellent colors, outstanding contrast.  Very manageable size for collectors with high aesthetic value.

Christie's:  "Rich in both color and symbolism, this double-niche medallion Ushak rug represents one of the finest forms of classical Western Anatolian weaving traditions. Rugs of this type are recognizable by their saturated brick-red fields and by their double niche composition, having one at both the top and bottom of the field. Prayer rugs generally employ a single niche or mihrab directing the worshipper towards Mecca, replicating traditional mosque architecture. In this example, the double niche is boldly defined by the spandrels which encompass lively cloudbands and could conceivably represent the four quadrants of a medallion, each relegated to its own corner."

See more photographs of this Ushak Rug and further lot description

 
 
 
 
 
 
 
 
 
 
 

Number 3:

 

Sotheby's

Ziegler Mahal Carpet, Lot 367, Sale 8503

A ZIEGLER MAHAL CARPET, CENTRAL PERSIA


Mary Jo Otsea, Head of the Carpets Department at Sotheby’s, said: “Lot 367, the Ziegler Mahal Carpet, Central Asia, which brought $170,500 against a pre-sale estimate of $20,000 – 30,000, is a generously sized carpet with a large scale overall design in a soft color palette that is highly sought after for furnishing today and the condition issues such as holes and moth damage can be successfully repaired.  It was also a carpet that was very reasonably estimated and fresh to the market.”

See more photographs of this Ziegler Mahal Carpet and further lot description

$ 170,500 USD
 









Number 2:

TWO CARPETS TIED

 

Sotheby's

Ziegler

A ZIEGLER MAHAL CARPET, CENTRAL PERSIA

Rug Rag Notes: Ziegler Mahals are in high demand by decorators mainly due to large print scale and palette.  Popular colors include terra cotta and light blue, this carpet features both.  As opposed to Number 6 above, despite the soft and muted overtone the rug maintains good contrast and tone-on-tone. 

See more photographs of this Ziegler Mahal Carpet and further lot description

 

 

 

 



 


 
 
 
 

Sotheby's

Tabriz Antique Carpet, Highest Prices 2008

A TABRIZ CARPET, NORTHWEST PERSIA

Rug Rag Notes: Darker field colors tabriz carpets of this vintage tend not to fetch high premiums.  However, while other similar rugs have come to auction, in the instance of this particular piece, the medallion slightly more unusual for this genre.  Additionally, size and condition plays a large role in the final hammer of a rug such as this.

See more photographs of this Tabriz Carpet and further lot description

 
 
 
 
 
 

 

 

 

 

 

 

 

Number 1...

Highest Price Paid in 2008

&

ALL TIME RECORD

 

 


$4,450,000.00

Christie's


A silk isfahan rug
Central Persia, Circa 1600
Approximately 7 ft. 7 in. x 5 ft. 7 in. (231 cm. x 170 cm.)

Notes: Offered by the Newport Restoration Foundation from the Doris Duke Collection

Additional information

 

 

What Contributed to this Rug Fetching A Record Price?

*Condition: fully intact with little end loss

*High Quality: Numerous colors used, outstanding knot density, high overall craftsmanship made of pure silk.

*Age: Very old example

*History: Important Lineage, previously owned by Doris Duke: one of the most discriminating collectors of Oriental Rugs and Carpets.

 

Highest Price Paid for a Persian Oriental Rug

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Auction Totals for Fine Oriental Rugs and Carpets Year 2008:

Christies June 3, 2008:  6,016,500  USD (Sale 2006) 

Sotheby's June 11, 2008: 4,055,127  USD (Sale N08456)

Sotheby's November 25, 2008: 2,400,376  USD (Sale N08503)

Christies December 8, 2008:  764,750  USD (Sale 2060)

 

ALSO SEE:

Most Expensive Carpet of 2009

 

 

 

*Published mid-December: There are several more auctions for Rugs and Carpets in 2008.  Additionally, we are waiting upon cooperation with auctioneers to collect further data and images for the year end.  Information as gathered from Sothebys.com and Christies.com and includes buyer's premium.  If discrepancies are noted, please contact info@rugrag.com

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Want to purchase rugs like the ones mention in this post? Here are some options...

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Isfahan


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Tabriz


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Comments

December 17. 2008 05:54

A V

Wow! What an amazing compilation! Thank you for this -- I think it's a first and really a significant measure for what is probably going to become a more and more desired form of investing.

A V

January 24. 2009 17:58

sean

4 million dollars. that had better been hand made by a space alien, and was proven to be used in the city of atlantis. plus it should have a backing made of 3 million dollars, instead of jute.

sean

January 24. 2009 18:02

sean

the rug is beautiful. you can see the history just flowing from it. very nice.

sean

January 24. 2009 18:55

David

Awesome,

Can you see the history flowing out of the "illegitimate" $4 mil carpet or from any of the other 9 top rugs?

David

February 25. 2009 14:31

nannab

Oh, I wish !!

nannab


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