Sometimes a deal on a rug is just too good to pass up, and lately I have come upon several. I bought this very good condition all silk rug for $750 locally on Craigslist. A third party confirmed it is silk, but had no idea of worth.
My intent is to "flip" ths rug and give someone else a good deal also. I beleive I got a great deal, but I want to sell it for a good deal price.
How much is a big silk rug per square foot, and does the fact that it is Chinese greatly diminish it's value? The rug does not have any problems that would not be seen in the pictures. The coin,, selvage picture color is due to lighting. It is the same rug.
Any comments would be greatly appreciated