I would say it's an april fools joke, but it the auction will be held a few days after. lol. I don't know. It has an overall opulent feel with design colors and other, but the condition sure doesnt sound tip top and has no specified provenance from what I saw.
here's what they said
Pile ranges from approximately 1/8 of an inch to low to knotheads. Partially oxidized light browns. Some scattered minor foldwear, not extensive. Small 3 inch repaired vertical slit at upper end. Some further smaller repaired slits. Tinted areas throughout field, mostly to midnight blues. Main border has been removed on all four side. Sides reselvaged. Ends with later binding. Glue residue on reverse. Supple handle, good overall condition, ready for use.
1/8 inch to knotheads is no serious variation. pretty even wear it sounds actually. Oxidized is to be expected for this age. foldwear they say is not extensive, but is never a great thing. repaired slits are not great, but for a 100+ year old karabagh it's not unexpected - wool on wool with dense structure sometimes has this.
main border removed is the biggest downside. new selvages come with that so it's a given. but still, main borders removed is a big problem for collector appeal. but they do state: ready for use. It's a rug for aesthetics, but to have the same rug woven today in the same manner, same dyes, same wool foundation, it would be very, very expensive. And still not "look" nearly the same. I do think the estimate sounds a bit high, but you never know. Plus it is going with furniture, so maybe that's another point about the higher estimate to include about the aesthetics portion. not a real "ruggie" dedicated crowd necessarily.
