Rug Trends

Rug trends and Trends in the Carpet Industry

Most Expensive Rug Ever Sold

Most Expensive Rug Ever Sold

I was asked by a young collector about recent rug trends in the antique rug industry and thought it would be nice to share some of my thoughts. It is my feeling that the wave of the future may just rest in the past. As a part of the antique rug trade for the last 12 years, I can’t help but fall in love with a new rug every single day. Rugs, tapestries and textiles of the late 19th century are some of the most beautiful / decorative art forms in the world, and there are days when I can’t help but feel like a kid in candy store. As the years go by, I tend to gravitate more towards the early rugs of the 16th and 17th centuries. Some of these early antique rugs are a true testament to the greatness of empires long forgotten.

It feels like no matter how omnipotent and grand the empire might have been (like the Safavid, Mamluk, Mughal and Ottoman) they were no match for the longevity of the art that they bestowed onto us all. Early rugs have a uniqueness that cannot be matched, and they are the best examples of the roots from which this whole industry eventually blossomed. More and more young collectors are turning away from the art world in favor of antique rugs. Economically, it makes a great amount of sense… if someone would like to acquire a painting by an old master, it would be practically impossible to find one for less than $1,000,000 (and naturally, that is a very low estimate and by no means is representative of any great piece from any such artist).

In contrast, early pieces are still tremendously undervalued. For a fraction of the price of a great work of art, one can easily attain one of the best early pieces in the world – a true museum-quality piece (a term that is used all too loosely in our industry). Fortunately for me, I work for one of the world’s top wholesalers of great antique carpets. Jason’s taste is not in the interest of buying purely for the sake of making money.

That is why so many unique pieces come through our doors every year. It is my opinion that over these next few years (and as the economy around the world strengthens) this continuing interest in early pieces will only escalate. If I were a gambling man, I would surely bet the house on these pieces (and I guess I kind of am)! I will follow up with some additional entries and examples of such rugs.

This blog post about the recent antique rug trends was published by Nazmiyal antique carpets in New York City, NY.

About J. Nazmiyal

Nazmiyal, A New York antique oriental rug dealer since 1980 , has a highly specialized and user-friendly website with an extensive inventory of antique and vintage rugs and tapestries of every type, size, and style. An inventory of this range and quality is based on years of experience and effort in searching out the best pieces from sources all over the world.

Nazmiyal is also a natural magnet that constantly attracts those interested in selling rugs. Even within the bustling New York antique persian rugs market with its international contacts, Nazmiyal provides a major focal point or nexus, all of which is at the disposal of Nazmiyal's clients, whether they are dealers, interior designers, or private retail customers. If you want an Oriental carpet, New York is the place to be, and within New York itself, the place to be is Nazmiyal.

Visit us online or experience our collection first hand in the spacious and relaxed setting of our Manhattan gallery.
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