Thank you for submitting your item for appraisal. This appears to be a Kashan style oriental rug of the late 20th century, ornately decorated with a central medaillon, arabesque, flowers and foliage. Predominant colours are beige, sand, yellow, shades of green, shades of purple and black. To put it in a nutshell - pure oriental elegance. Currently prices for persian rugs are rather low, but the general political situation might lead to a lesser supply and increasing prices. The estimate is based on auction results for similars. "Asking prices" especially in the rug trade can be higher and vary.