Claremont Rug Company Notes Significant Increase in New Buyers of Carpets

The First Art Newspaper on the Net    Established in 1996 Tuesday, May 28, 2024


Claremont Rug Company Notes Significant Increase in New Buyers of Carpets
Extremely rare 19th-century Dorasht. Photo: Courtesy Claremont Rug Company.



OAKLAND, CA.- Jan David Winitz, founder and president of Claremont Rug Company, today acknowledged an “unprecedented interest in the best art-level antique Oriental rugs during our 30 years of business.”

Reporting that 25% of the buyers of investment-level rugs featured in the Gallery’s current exhibition and sale are first-time buyers, Winitz said: “It is simply astonishing to see so many new clients starting with such high-level rugs.”

The Gallery event, entitled “Artistic Visions of the Refined to the Elemental,” features more than 150 antique rugs acquired from a single, private source.

“The provenance of the rugs is remarkable,” he said, noting that they had been collected over nearly a century by four generations of a New York-based family. The rugs in the “Artistic Visions” Collection were last located in “the family’s significant Manhattan apartment, their major Long Island (NY) estate and their Cape Cod compound.” Rugs from the collection are valued in the $18,000 to $400,000 per piece range.

The Collection, consisting almost exclusively of 19th-century carpets, is also available for viewing online.

Winitz, who founded Claremont Rug Company in 1980, said that the reaction to the collection is consistent with the fact that recently a small rug (a 3x5 Safavid from the 16th-17th century) recently sold for $4.34MM (US) did not go unnoticed by the art collecting community.

“When I commented that this price is indicative of the escalating interest of in one-in-the-world antique rugs, the global response was immediate. Within 48 hours, I received inquiries from experienced international art connoisseurs and collectors,” he said.

Winitz said that the price of the Safavid rug and the increasing interest in art-level 19th-century carpets at his Gallery are part of a trend that he has noted over the past three years.

Winitz said, “Nearly a third of our sales from this collection are to clients who previously purchased fine rugs to furnish their homes. What we are finding is that they are now strategically upgrading to significantly more rare pieces to add to their art collections, which may also include paintings, sculpture and furniture.”

Another trend, he noted, is that collectors are “increasingly buying connoisseur-quality rugs to hang as art on the wall, for rotating in their homes or to store in dedicated rug closets.”

Winitz also reported an increase in multiple rug purchases as part of what he called “whole home projects,” in which clients select between 15 and 40 rugs for an entire home. Having completed eight projects of this type in 2008, he has been involved with more than two dozen projects in 2009, including nine that are the direct result of the current exhibition. Half are with first-time buyers, which Winitz calls “an incredibly significant development.”

Winitz said, “The extremely vibrant demand for the best rugs parallels the notable turn to rare tangible assets, such as Old Masters paintings, coins and jewelry. The demand from both new collectors and seasoned aficionados has moved from a trend to a mainstay of our market.”

Claremont was selected by The Robb Report for their “2009 Best of the Best” as one of the top three art and antique galleries in the United States and the only Oriental rug purveyor in the listing. The “Artistic Visions” exhibition was featured in the New York Times.






Claremont Rug Company | Jan David Winitz | Artistic Visions of the Refined to the Elemental |





Today's News

November 16, 2009

Exhibition of Mexican Modern Painting Opens at Singapore Art Museum

Ellis Island Museum Evacuated after White Powder Found

Claremont Rug Company Notes Significant Increase in New Buyers of Carpets

Sydney's Sculpture by the Sea, Bondi Announces More Prizes

Hamburger Kunsthalle Celebrates Horst Janssen's 80th Anniversary

Arab and Iranian Photography at Paris Photo, Why this Choice?

Fabrizio Giannini "Live without Dead Time" at Museo Cantonale d'Arte

Work by Pierre Soulages is Top Lot at Bonhams New York Auction

Retrospective of the Complete Works by Serge Charchoune at Artvera's Gallery

"8 Key Figures of China's New Generation of Artists" to Open Exhibition

Munich Celebrates the 100th Anniversary of the Schack-Galerie

Call for Entries for John Moores Contemporary Painting Prize Open

Architecture Museum in Munich Celebrates Model Town of Modernism

Exhibition of Industrial Imagery from the John P. Eckblad Collection Announced

Exhibition at Salle Saint-Georges Focuses on Collector Fernand Graindorge

Museum of Arts and Design Announces First Major Viola Frey Exhibition Since her Death

East LA Punk Exhibition Organized by Claremont Museum of Art Visits Guadalajara

Videos and Sculptures by Michael Ashkin on View at Vienna's Secession

Call for Entries: 2010 Emily Hall Tremaine Exhibition Award




Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 



Founder:
Ignacio Villarreal
(1941 - 2019)
Editor & Publisher: Jose Villarreal
Art Director: Juan José Sepúlveda Ramírez

Royalville Communications, Inc
produces:

ignaciovillarreal.org juncodelavega.com facundocabral-elfinal.org
Founder's Site. Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful