Persian Rug Sells For $4.45Million at Christie’s

The first question when I looked at this ethnic looking Alladin Carpet was, what in the world does this piece of wool have to sell for $4.45Million. Well, the answer was simple, history. The rug was formerly possessed by Doris Duke, a tobacco heiress, and before she died left it to the Newport Restoration Foundation. The world’s most expensive rug is designed using silk, Persian, or is centuries old but for sure the challenge is if it manages to tie the room together. An unnamed buyer inked a deal with a 16th-17th Century Persian rug that was sold for $4.45 million. The record selling price that it demanded was $700 per square inch.
That’s a heck of a price!

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