In a recent Newsweek article “The Persian Rug Trade Is Back In Business” by Journalist Leah Goodman, Jason Nazmiyal and Omri Schwartz provide much needed clarity and personal insight into what this all means. The recent easing of the Iran sanctions has been the hot topic of discussion in the United States and this new deal with Iran has once again given people the ability to buy, sell, import and export Persian rugs!

The recent removal of the embargo on Persian rugs in Iran has significantly simplified the process for collectors to purchase and trade these exquisite rugs with individuals in foreign nations who truly value and treasure their remarkable attributes. Previously, Persian carpets found themselves entangled in a complex international conflict involving the U.S. allies, Iran, and trading partners like China and Russia. Nevertheless, we are delighted to inform you that a resolution has been reached, allowing collectors from across the globe to freely engage in the buying and selling of these rugs with individuals in foreign countries who hold a deep appreciation for their captivating qualities.

It saddens us to inform you that earlier this week, Albert Karmely, one of the most well-respected and influential rug experts in the world has passed away. As we continue to mourn this very significant loss, we will always remember Albert Karmely for all of the extraordinary milestones he has achieved throughout his lifetime of phenomenal work in the antique rug industry.

This week’s Wednesday Wishlist is a mesmerizing antique Khotan rug. The exquisite fusion of metallic weaving and smooth silk garnished with delicate flowering vines is carefully crafted to depict a stylish narrative of cultural history considerably stitched into every seam.