Hello, this item is a machine made Oriental style rug produced in the late 20th or early 21st century. The uniform knotting on the reverse, the synthetic looking warp threads, and the regularity of the pattern indicate mechanical production rather than hand knotting. The design takes inspiration from Persian Kashan and Tabriz carpets, with a central field of repeating boteh and floral motifs framed by wide palmette borders. The colors and slight fading fit with domestic use, and the label visible in the photos confirms a contemporary manufacturing origin.

These rugs are valued for decorative purposes and durability, but they do not enter the collectible market for hand woven carpets. Condition helps maintain value, and your example appears well preserved with no major staining or structural loss. Based on comparable machine made rugs of similar size and design, the fair market value stands between 80 and 150 USD.