Hello, this item is a hand-knotted Persian rug, most likely produced in Iran during the mid to late 20th century, approximately the 1960s to 1970s as suggested. The design strongly resembles a Tabriz or fine Moud-inspired workshop carpet, featuring an allover Herati-style field with a central medallion and highly intricate floral and geometric detailing. The dense knotting, repeating boteh and rosette motifs, and refined border structure indicate a quality workshop production rather than a mass-produced machine-made rug. The color palette, including deep navy, ivory, rust, and muted blue tones, is consistent with traditional Persian weaving practices of the period. The rug appears to be wool pile on a cotton foundation, which was standard for many higher-quality export carpets from Iran during the 20th century.

Condition shows visible wear consistent with age and use, particularly at the fringes and edges where there is fraying, loss, and some unraveling. There also appears to be areas of pile compression and general surface wear across the field, though the pattern remains visually strong and attractive overall. Rugs of this size and craftsmanship continue to hold decorative and functional appeal in the secondary market, though condition impacts value significantly. Based on comparable sales for mid-20th century Persian workshop carpets of similar size, design complexity, and condition, the fair market value would likely range between $800 and $1,800 USD.