London’s Successful Oriental Rug & Carpet Auctions

On the 7th November 2017 at Sotheby's London, we saw one of the most successful Oriental rug & carpet auctions of recent times. The prestigious rug collection of Professor Christopher Alexander came up for sale at this dedicated rug auction. All of the rugs sold exceptionally well, with most of the lots being purchased by telephone bidders from New York after aggressive competition. The first Alexander rug was a lot 7 (est. £7,000-£9,000), a 17th century red ground Konya fragment that tripled its mid-estimate at £23,750, and then lot 8 (est. £1,400-£1,800), another fragment which reached £10,000. It would be brave to assume this is a resurgence in the Antique Oriental rug market here in London, but the signs are encouraging. And back on terraferma, London's Oriental rug experts are continuing to see steady growth in Oriental rug and Persian carpet market. David J.Wilkins Oriental rugs, are finding that the Saturday opening at the Oriental Rug Centre London are proving to be particularly popular.
This entry was posted in Uncategorized. Bookmark the permalink.

Comments are closed.