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From: mpalmer@bucky.DEC
Newsgroups: net.invest
Subject: oriental rugs
Message-ID: <568@decwrl.DEC.COM>
Date: Sun, 19-Jan-86 21:49:49 EST
Article-I.D.: decwrl.568
Posted: Sun Jan 19 21:49:49 1986
Date-Received: Tue, 21-Jan-86 08:27:59 EST
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Organization: Digital Equipment Corporation
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I'd like to read some discussion of oriental rugs as investments from
anyone who has experience with them.  I've been getting interested
in them after researching the value and history of some beautiful old
heirlooms.  As nearly as I can tell, the return one may expect on 
a rare rug of the finest make (Isfahan, Qum, Nain, Kashan, etc.)
will average CONSERVATIVELY at least 20%.  

For my tastes, some rugs I've seen rank as works of art;  they never
cease to be interesting in design.  If I can count on such as return
I'd much prefer to have something to enjoy hanging on a wall or on
the floor rather than reading stock prices in the newspaper or watching
an account balance.  

I'm also curious as to the pitfalls of re-selling a rug a few years later
for profit.  What are the appraisal fees or other gotchas?

thanks for any advice

Mark L. Palmer


"My opinions are MY opinions"