Thank you for submitting your item for appraisal. This appears to be persian Nain / Tabriz style silk rug of fine quality and recent production. The rug shows the typical very ornate design of foliage an palmettes, predominant colours are beige, sand, grey an black, The estimate is based on similar items offered or sold at auction. There is a very good supply of oriental rugs right now and only a limited demand. The estimate is based on auction results, no current retail prices which are usually much higher.