Thank you for submitting your item for appraisal. This appears to be a machine woven rug, designed and manufactured in Belgium, imitating oriental designs. The label reade Elite Rugs, Belgium, 100 % Viskose. Viscose rayon fiber is a soft fiber made from Cellulose ( just like paper). These rugs are of lasting quality and great for home decor. The estimate is based on similar offered or sold at auction recently