(Associated Press) An intricate, 17th century Persian carpet went up for sale at Sotheby's in New York on Wednesday. When the gavel came down, it became the world's most expensive rug ever sold at ...

A high-quality Iranian carpet can cost tens of thousands of dollars, with antique rugs fetching even higher prices. So, how are Persian rugs made, and why are they so expensive? Although several ...

In some cases, some rugs are considered antiques ... to come on our list of the most expensive rugs in the world. An exquisite example of a Fereghan Sarouk, this Persian rug is one of the ...

The most expensive rug ever sold went for a whopping $33.7 million at a Sotheby's auction in 2013, according to Architectural Digest. In addition to being such an outstanding example of Persian ...

Even in an increasingly expensive New ... the sine qua non of Oriental rugs. Then the market got flooded with fakes, tastes shifted, and people became aware that most of what they were being ...