Antique rugs as an investment
Are Antique Rugs a Good Investment?
Antique rugs can be a worthwhile long-term investment – if you know what you’re doing. Before purchasing a rug as a financial asset, it is highly recommended to consult multiple experts to ensure that the piece’s quality, condition, rarity, and provenance meet your expectations.
You should also consider whether you plan to use the rug in your home or store it safely. Proper storage requires a dry, temperature-controlled environment, and precautions against moths should also be taken.
Keep in mind that reselling an antique rug may take time. The market is selective, and selling often involves patience and expertise. For this reason, antique rugs are not suitable for short-term speculation, but may become a valuable asset over a longer time frame – typically 10 years or more.