awesome buy, even though this is worn.
4 things for this rug which will make sense in a min:
one, the light blue weft. Leads me to believe sarough.
second, the look of the wool: older arak/sarouk,
Third, the fringe is woven into a flatweave (mahal, sarouk, arak)
lastly Then the knots: symmetrical with slight offset...
Everything together, my most educated guess is a semi-antique Mahal. I'm almost certain Mahal rugs had a flavor of all these areas previously mentioned, then brings them together. All these areas are in very close proximity.
the border is much different in this one, but if you look close the colors are similar,
http://www.spongobongo.com/em/ww997.htmIf you sell this rug, I would imagine you should get at least $300- 400. Maybe even more. If you advertise it, call it a Mahal rug from the early 1920s