Home / Knowledge / News / Textiles / Persian rug fetches record $33.7mn at auction
Persian rug fetches record $33.7mn at auction
10
Jun '13
courtesy: IBTimes/Sothebys
courtesy: IBTimes/Sothebys
A rare 17th century Persian rug fetched a record breaking sum of US$ 33.7 million at an auction organized by the world’s largest auctioneers of fine and decorative art collectibles Sotheby’s.
 
Sourced from the Corcoran Gallery of Art, Washington D.C, the carpet, which was originally bequeathed to the museum by a US senator, William Clark, from Montana in 1926, is decorated with swirling vines and vibrant flowers.
 
The 8 feet 9 inches by 6 feet 5 inches rug was part of the 25-piece William A. Clark Collection which was being auctioned by the museum to aid its future procurement of new American and contemporary artworks.
 
Before the Clark Sickle-Leaf Carpet auction, a blue leaf-patterned 17th-century Iranian rug held the world record of fetching an astounding sum of $9.6 million at Christie’s in London in 2010.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search