There are many reasons to have your Oriental and Persian rugs appraised.
- If you inherit an antique Oriental or Persian rug, you’ll want to know its value for estate and insurance purposes.
- If a rug is worn or damaged, you’ll want to know if it’s worth investing the money to repair it to sellable condition.
- If a rug is lost, stolen or destroyed, you’ll want to be compensated correctly for its loss by your insurance company.
- If you’re an insurer, you’ll want to know the real value and the most cost-effective course of action – restoration or replacement.
- If you’re selling a rug, you’ll want to know its current worth.
- If you’re buying a rug, you may want another opinion of value (any reputable dealer will allow you to take rugs on approval).
If you’re not sure what the Oriental rug you are looking at is worth, Persian Rug Gallery can help. Owner Sy Mahfuz is Certified as a Rug Appraiser by the Oriental Rug Retailers of America, a designation very few people can claim.
We can evaluate all the factors that go into determining a rug’s value – age, condition, country of origin, quality of the wools, dyes and knotting. We also advise you to make sure your fine rugs are insured. In many cases, they are only covered by the “fine arts” part of a homeowner’s policy. Check this with your insurance agent.
If you are an insurance agent, an adjuster or other party assessing loss or value, we can cite numerous instances of mistakes in value or unnecessary loss claims. Our expertise can keep you from ending up on the wrong side of the ledger, and Mr. Mahfuz is tapped for that expertise throughout the country.
If you would like an appraisal, please feel free to call us. You can also begin the process online, and get a brochure that highlights what to look for in comparing the quality of Oriental and Persian rugs.