What's it Worth? Appraisal of Ege Rya Rug

 ege rya rugCarol asks:

This rug is 6’.7” x 9’.1” The design is Finnmok 05. It is in pristine condition with all pile in perfect shape. there is no visible wear, binding, edges,backing and pile have no fraying or wear marks or oders of any sort.

It was purchased from the factory in the 1970’s. It was used very briefly in a guest bedroom and then cleaned and rolled for storage. It has remained professionally rolled and stored, with periodic unrolling for inspection and airing. We would like to sell the rug and need to know its value in order to formulate a reasonable asking price.

Regards Carol

AW says: That’s a great rug who’s time has come as good retro decorating collectibles are very sought after. I do almost all my evaluations in price ranges which you can guide your sales’ range by how fast you want to sell it, that should answer your reasonable asking price concern.

This is really one of my favorite rya rugs I’ve seen and an attractive design, epitomizing the genre. I think it’s a great example.

Date range: late 1960s-75

Retail value:
(top price)

Wholesale value: $600
(The mid range price you could expect to achieve at a well advertised live auction. The price that is most often realized)

Quick sale value:$350
The price your likely to get if you have to sell your item immediately and your prospective customer is aware of this.

Common terminology, nicknames, keywords: ege rya finnmok 05 deluxe retro shag vintage rug spiral design.

Care: Anything beyond a routine cleaning, should be done according to professional standards. If you don’t know what your doing, never wash or clean any valuable rug or carpet.