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Persian Isfahan Rug, ca. 1945

Value (2017) | $20,000 Insurance
Watch  

GUEST:
I have a cleaning service. I work for a doctor, and I have been working for him for over 15 years. He had his house up for sale, and moving in a condo, and he invited us in to pick out some pieces that we'd be interested in, and I said, "I want that." He said, "Nah, I don't think so." Then a week later, he called me and he said, "We'll let you have it for $1,000."

APPRAISER:
It's a little bit tricky for me to evaluate because it's under plexiglass, and I can't look at the back of the rug. And oftentimes, the back reveals a lot of clues about its age and its origin, but I'm really confident for a number of reasons, this is an Isfahan rug, which is a very finely woven rug from Iran. And the inscription is both in Farsi and in English underneath, signed by the workshop of Mehdi Dardashti, and it also has the city that it was woven in, which is Isfahan. I think the piece dates from the 1940 to 1950 era, which is very early for one of these. There was a revival of this style of weaving where they're depicting a scene that you would see in a 15th-century Persian miniature. One thing that's remarkable is this shade of green, the border. It's an outstanding color, and the wool, I believe, is Manchester wool, which is imported wool from England. It's woven on a silk foundation, which enabled them to weave a rug that probably has in the neighborhood of 600 knots per square inch. You just don't see pieces of this quality very often. There were a lot of these that were made in the '70s and '80s that don't match up to this.

GUEST:
Okay.

APPRAISER:
I would strongly encourage you to insure this for about $20,000.

GUEST:
(laughs) Really? Yes. Aw...

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Appraisal Details

Appraiser
Peter Pap
Rugs & Textiles
Peter Pap Oriental Rugs of San Francisco, Inc.
San Francisco, CA
Appraised value (2017)
$20,000 Insurance
Featured In
Green Bay, Hour 2 (#2214)
Event
Green Bay, WI (June 17, 2017)
Category
Rugs & Textiles
Period
1940s , 20th Century
Form
Oriental Rug , Rug

Executive producer Marsha Bemko shares her tips for getting the most out of ANTIQUES ROADSHOW.

Value can change: The value of an item is dependent upon many things, including the condition of the object itself, trends in the market for that kind of object, and the location where the item will be sold. These are just some of the reasons why the answer to the question "What's it worth?" is so often "It depends."

Note the date: Take note of the date the appraisal was recorded. This information appears in the upper left corner of the page, with the label "Appraised On." Values change over time according to market forces, so the current value of the item could be higher, lower, or the same as when our expert first appraised it.

Context is key: Listen carefully. Most of our experts will give appraisal values in context. For example, you'll often hear them say what an item is worth "at auction," or "retail," or "for insurance purposes" (replacement value). Retail prices are different from wholesale prices. Often an auctioneer will talk about what she knows best: the auction market. A shop owner will usually talk about what he knows best: the retail price he'd place on the object in his shop. And though there are no hard and fast rules, an object's auction price can often be half its retail value; yet for other objects, an auction price could be higher than retail. As a rule, however, retail and insurance/replacement values are about the same.

Verbal approximations: The values given by the experts on ANTIQUES ROADSHOW are considered "verbal approximations of value." Technically, an "appraisal" is a legal document, generally for insurance purposes, written by a qualified expert and paid for by the owner of the item. An appraisal usually involves an extensive amount of research to establish authenticity, provenance, composition, method of construction, and other important attributes of a particular object.

Opinion of value: As with all appraisals, the verbal approximations of value given at ROADSHOW events are our experts' opinions formed from their knowledge of antiques and collectibles, market trends, and other factors. Although our valuations are based on research and experience, opinions can, and sometimes do, vary among experts.

Appraiser affiliations: Finally, the affiliation of the appraiser may have changed since the appraisal was recorded. To see current contact information for an appraiser in the ROADSHOW Archive, click on the link below the appraiser's picture. Our Appraiser Index also contains a complete list of active ROADSHOW appraisers and their contact details and biographies.

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