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There ain’t enough rich people in this state? Really?
7:45AM ON
06/07/2008
BY
Daily Dose
Persian rug sells for record $4.45 million at auction in Rhode Island
PROVIDENCE, R.I. — A silk Persian rug dating from the 16th or 17th century has sold for a record $4.45 million at auction.
The rug was sold by Christie’s auction house Tuesday on behalf of the Newport Restoration Foundation. It had been expected to fetch up to $1.5 million.
The rug, which measures 2.3 metres by 1.7 metres, had been purchased by the late tobacco heiress Doris Duke in 1990. She left it to the foundation when she died.
Elisabeth Parker, head of Christie’s rugs and carpets department, says there are only two other known rugs like it. She calls it an “amazing work of art” and says it has an intricate floral design and an unusually large number of colours, at 17.
Christie’s says the buyer prefers to remain anonymous.
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2 Comments on “ There ain’t enough rich people in this state? Really? ”
June 7th, 2008 at 9:16AM
jones Says:
I don’t understand the headline. What do rich people in this state have to do with an extremely rare rug auctioned off to benefit a preservation organization that brings tourist dollars to R.I.?
[Reply]
June 7th, 2008 at 9:23AM
Roberts Says:
Yeah, I don’t get it either.
[Reply]