Quadrifoglio Gallery offers written insurance appraisals of Oriental rugs in the Boston, MA area, Maine, New Hampshire, Rhode Island, Vermont, Connecticut and the New York metropolitan area.
Quadrifoglio Gallery also offers expert cleaning and restoration services to help you care for your antique Oriental rugs.
Quadrifoglio Gallery offers consulting to help you manage your antique Oriental rug collection and form strategies regarding how to properly care for your antique rugs or options to sell them.
Please, call Helen or Douglas Stock to discuss antique Oriental rug appraisals, consulting or cleaning and restoration services.
Much has been said in recent years about a drop in value of many Oriental rugs and some of this is accurate. However, much of what is said, including poorly researched articles in major newspapers or on-line platforms, lacks nuance and can be misguided and/or misleading.
Values have dropped for many types of antique or vintage Oriental rugs and some of that, we believe, will continue to be the case. However, values for outstanding examples of certain types of antique Oriental rugs have held fairly steady, or even increased, in recent years.
For Oriental rugs where values have decreased, in many cases the reasons extend well beyond simplistic explanations or single factors. In some instances, the value of certain types of rugs had previously rested much on the market in countries to which antique rugs were being exported to from the United States. For instance, Persian Sarouk carpets woven in the 1920s and 1930s, and originally made for the United States market, were very popular in Germany and Italy in the 1980s and 1990s. As those markets changed and/or softened, the prices for so called “commercial” Sarouk rugs from the 1920s and 1930s declined here in the United States, as much of it had been predicated on high wholesale values to export markets rather than strong domestic demand. This drop in prices largely predated the “Great Recession” and even the trend toward a more modern aesthetic in the United States. It impacted “commercial” Sarouk rugs and certain other types more than some other categories of rugs. Values for many of the best examples of the earlier generation of Sarouk rugs, often called “Fereghan Sarouk” rugs, have held up reasonably well. Therefore, a sweeping generalization that prices for Sarouk rugs has crashed is to paint things with far too broad a brush.
The values of certain other types of antique rugs were impacted less by declining pricing of antique rugs exported to Europe and more by the strides made in some of the best contemporary rug productions, especially those featuring natural dyes and hand spun wools. For example, “vintage” Heriz carpets from the 1930s have geometric designs that many people like. However, examples from the 1930s tend to have far busier designs than Heriz carpets woven a generation or two earlier; i.e., the earlier Heriz carpets often referred to colloquially as antique “Serapi” carpets. In the 1980s, before some of the best contemporary Oriental rug productions either existed or hit the high levels they eventually did, 1930s Heriz carpets were a less expensive alternative to Heriz carpets made closer to circa 1900. They still had geometric designs and often fairly nice colors. As new, natural dye productions began to replicate Heriz carpets from the late 19th century, where the designs had more open space and often lighter coloration than later examples, the best new carpets supplanted the 1930s examples. For a certain price, one could buy a new hand woven carpet with a Heriz design, utilizing natural dyes and hand spun wool, and with arguably better colors than 1930s examples, for similar money. This, almost inevitably, pushed the prices of 1930s Heriz carpets down. However, it has little, if anything, to do with prices for Heriz carpets from circa 1880. The best Heriz carpet examples from that period have, as a broad class, tended to hold their values much better than inferior or later examples.
Some types of antique carpets from the 19th century have held their values relatively well and include Mohtashem Kashan carpets, the best Bakshaish carpets and outstanding examples of certain other types of antique Oriental rugs.
Helen and Douglas Stock are 28 year members of The Art and Antique Dealers League of America, a consortium of approximately 100 of the leading antiques dealers in the United States. The Stocks are also members of the international antiques consortium CINOA; and of The Antiques Dealers’ Association of America (ADA). They each have more than 30 years experience in the antique rug field and can help you assess the value of your Oriental rugs and offer perspectives on how to clean, restore and generally maintain your antique Oriental rugs. They can also offer perspectives on the sale of your rugs and how to build or refine a collection of antique Oriental rugs.
Please, call Helen or Douglas at (781) 690-5710 to discuss antique rug appraisals or other services.