Appraisal Report
Good DealItem Identity
Early 1900s Caucasian Shirvan Runner Rug (38.5" x 111")
Fair Market Value Estimate
$600 - $1200
Original Retail Price
$1500+
Confidence
High
Analysis
The seller has listed this antique rug for $300, despite stating that dealers appraised it between $800 and $1500. Genuine Shirvan rugs from the early 20th century are collectible and usually command high prices. While the seller notes there is damage (hence the lower price and dealer hesitation to buy it directly), $300 is an exceptionally low price for a handmade antique of this provenance. This price point is comparable to new, machine-made synthetic rugs, making it a strong value for a buyer willing to accept imperfections or invest in repairs.
Market References & Alternatives
- Vintage Distressed Turkish Runner $450 - $800
- New Hand-Tufted Wool Runner $300 - $500
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{
"identity": "Early 1900s Caucasian Shirvan Runner Rug (38.5\" x 111\")",
"fmv_estimate": "$600 - $1200",
"original_price": "$1500+",
"verdict": "Good Deal",
"analysis": "The seller has listed this antique rug for $300, despite stating that dealers appraised it between $800 and $1500. Genuine Shirvan rugs from the early 20th century are collectible and usually command high prices. While the seller notes there is damage (hence the lower price and dealer hesitation to buy it directly), $300 is an exceptionally low price for a handmade antique of this provenance. This price point is comparable to new, machine-made synthetic rugs, making it a strong value for a buyer willing to accept imperfections or invest in repairs.",
"alternatives": [
{
"name": "Vintage Distressed Turkish Runner",
"price": "$450 - $800",
"url": "https://www.etsy.com/search?q=vintage+runner+rug"
},
{
"name": "New Hand-Tufted Wool Runner",
"price": "$300 - $500",
"url": "https://www.wayfair.com/rugs/sb0/runner-wool-rugs-c215386.html"
}
]
}