Can anyone place this vintage Persian with condition issues? Any opinions on whether it is worth repairing?

Craigslist posting

Thanks!

-Catherine

Thanks for the feedback! Very helpful. Could you provide a ballpark estimate for repair, versus what the rug would be worth in good condition? I realize there aren't that many pictures to go by on CL. Thanks again.

Depending on the weave (we'd need a picture of the back to tell), a rug like this would be $2K-$4 in good condition. Repairs would cost more than that in this country due to the cost of labor. What could be done is to have the edges with the holes cut off and then bound. To give you an idea of costs, we charge $12/linear foot for hand binding in our area. Still, though, when you factor in all of the edges and cost, you may not end up with an end product worth all of that because you'd essentially have a cosmetically nice, but condition-wise damaged rug (like a pitcher without the handle that is now used as a vase). You could patch the rug, but still, you'd need to put a sofa over the patches because they won't look great.

Here's another downside to the embargo - that rug could have been sent to Iran for repair but you wouldn't be able to do that now. It would still cost a bit but shouldn't be much more than $1k - may not be worth it unless it was already yours and had sentimental value.