The most expensive Persian rug ever bought was a 17th-century Persian vase-style carpet, which sold at auction in June 2013 in London for $33.8 million.

However, rugs on either end of the spectrum — the most popular and the unique — may get more expensive sooner. “We do expect prices of some of the most popular sizes and styles of Persian ...

Last year, nearly $100 million worth of Persian carpets were exported to the U.S. after the lifting of international sanctions tied to the nuclear accord negotiated under the Obama administration.

An intricate, 17th century Persian carpet went up for sale at Sotheby's in New York on Wednesday. When the gavel came down, it became the world's most expensive rug ever sold at auction.

The successful owners of a Persian rug business in Durham are now closing their retail store after almost 50 years. Signs in front of "The Persian Carpet" store in Durham lets everyone know that ...

NEW YORK A Persian rug from the early 17th century has sold for $33.7 million in New York City.. Sotheby's auction house says Wednesday's price for the Clark Sickle-Leaf Carpet was more than three ...

A 17th Century Persian rug sells at auction in New York for $33.8m (£21.8m), triple the previous auction record for a carpet.