Hereke ipek silk on silk carpet purchased in Turkey in a coastal city, I think it was called Fethiye, in 1998. Size is 92 cm x 62 cm. Code number on Turgut Koy certificate is 198254. I paid a little over $1000. I would like to know its worth today.
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Hi Caroline,
Thank you for contacting Mearto with your appraisal inquiry.
Fair-market values are usually quite a bit lower than retail pricing; rugs of this small size rarely bring more than $500 at auction, regardless of the purchase price.
Based on the photos and information provided, and subject to examination, this is:
A Turkish Hereke Ipek hand-woven silk mat or prayer rug
Made by Turgut Koy rugweavers in Fethiye, circa 1998
2 feet by 3 feet (62 cm by 92 cm)
PROVENANCE: purchased at the factory by the client
$300-500*
*represents a fair-market value for auction purposes; retail or asking price may vary.
Please let us know if you have additional items to appraise, and thank you for using Mearto.