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Rug Valuations
Rug Valuation Services
Inherited a rug, found a hidden treasure, or need documentation for insurance? Our Rug Master gives you a signed, two-page valuation from a few photos – without your rug ever leaving home.
Oriental Rug Salon provides expertise and certification to those who want a definitive appraisal for their beloved Persian, Oriental wool, or silk rugs. The value of these carpets fluctuates based on quality, availability, supply and demand, knot density, age, and condition, so market conditions can make prices soar or plummet at any given time.
Do you know the true worth of your Oriental, Persian or Turkish rug? Its age and origin are powerful determinants of its monetary value, as is its quality of workmanship, size, and materials used. Whether it was inherited, bought from an individual or dealer, or acquired through other means, a rug valuation will be beneficial to you. Not only is it essential to know your rug’s market value or replacement cost; it’s just as important to know its background, estimated age, and any other relevant details an expert can give.
A Navajo rug is evaluated in the same way as an Oriental rug – both are crafted by hand-knotted and woven techniques – so its assessment follows the same standards and criteria as other handmade area rugs.
Why get a rug valuation?
Insurance
Whether it’s for insurance purposes or personal reasons, Oriental Rug Salon is committed to providing you with the highest possible replacement value for your rug. In the unfortunate event that your rug becomes irreparably damaged – whether due to fire, flood, or any other means – we guarantee that you will receive maximum compensation from your insurance company so as not to burden you and your loved ones.
Private Sale or Auction
Thinking about selling a gorgeous Oriental, Persian, or Turkish rug? It is essential to know the current market value and have it appraised by an expert beforehand. Our appraisal gives potential buyers insight into its worth and other critical details that will help you secure the highest price possible.
Charitable Contributions
Over the years, we have performed many appraisals for customers who wished to donate their antique rug to a museum, non-profit organization, or charity for a tax deduction. To include such a contribution on your taxes, you’ll need an appraisal that accurately reflects the value of your donation.
Purchasing a Rug
When interior designers and potential rug buyers ask us to evaluate the fair market value of an Oriental rug they wish to purchase, we are always happy to oblige. You can make sure you don’t overspend, or use our appraisal as leverage for negotiation. You would be surprised how much money clients have saved with our help!
How are rug valuations performed?
When determining the value of an area rug, our Rug Master takes the factors above into consideration, along with research that consists of the following:
- Current market value as researched using vetted online resources
- Auction “sold” prices of previous items auctioned
- The opinions of vetted rug collectors and Oriental rug shops
- Consultation with experts in the industry when needed
- Firsthand knowledge, certification, and experience of the Rug Master
- Information gathered from public and private sale
What will I receive after my valuation?
You will receive a two-page report outlining:
- The date of the evaluation
- The type of rug presented for evaluation
- The area where the rug originated
- The material makeup of the rug
- A description of the rug
- The rug’s approximate age
- The area rug size
- Additional information such as pattern and technique
- The estimated value at auction and insurance value
- Side notes of the Rug Master
- An image of the area rug
- The Rug Master’s signature and raised seal
What will you need from me?
Four photographs and your contact details. Here is exactly what to take:
How do I request a rug valuation?
- Fill out the valuation request form online with the requested photographs.
- We e-mail you an invoice for $135 that can be paid online using any major credit card.
- Once the photographs are received, the usual turnaround time for an evaluation is four business days. We e-mail you the valuation and send a copy via the U.S. Postal Service, signed and on parchment paper with a seal of authenticity.
Valuations are granted based on the photographic images received, and the valuation is a statement of opinion based on our expert’s experience.