Hello, this item is a contemporary decorative wool rug produced by Palli Home and Company, identified as a “Wavy Rug” design. The rug features a cream or off-white tone with a raised undulating wave pattern visible across its surface, adding a subtle sculptural effect. This design suggests mid-to-late 20th-century production intended for upscale interior decoration, and it was purchased from High Point, NC Furniture Market. The rug is constructed from pure wool, as indicated by the tags visible in your provided images, and it appears in clean, gently used condition with minimal visible wear or staining.

In terms of market value, such modern decorative designer rugs by brands like Palli Home typically retail between $800 to $1,200 USD for comparable sizes, especially when sourced through designer furniture markets.