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Appraisals
There are many reasons to have an Oriental rug appraised.
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If you inherit one, you’ll
want to know its value for estate and insurance purposes.
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If a rug is worn or
damaged, you’ll want to know if it’s worth investing the money to
repair it to saleable condition.
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If a rug is lost, stolen or
destroyed, you’ll want to be compensated correctly for its loss by
your insurance company.
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If you’re an insurer,
you’ll want to know the real value and the most cost-effective course
of action – restoration or replacement.
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If you’re selling a rug,
you’ll want to know its current worth.
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If you’re buying a rug, you
may want another opinion of value (any reputable dealer will allow you
to take rugs on approval).
If you’re not sure what the
Oriental rug you are looking at is worth, Persian Rug Galleries can
help. Owner Sy Mahfuz is Certified as a Rug Appraiser by the Oriental
Rug Retailers of America, a designation very few people can claim.
We can evaluate all the
factors that go into determining a rug's value - age, condition, country
of origin, quality of the wools, dyes and knotting. We also advise you
to make sure your fine rugs are insured. In many cases, they are only
covered by the "fine arts" part of a homeowner's policy. Check this with
your insurance agent.
If you are an insurance
agent, an adjuster or other party assessing loss or value, we can cite
numerous instances of mistakes in value or unnecessary loss claims. Our
expertise can keep you from ending up on the wrong side of the ledger,
and Mr. Mahfuz is tapped for that expertise throughout the country.
If you would like an
appraisal, please feel free to call us. You can also begin the process
online, and get a brochure that highlights what to look for in comparing
the quality of Oriental rugs.
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