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Area & Oriental Rug Experts

Sales and Motivation Training • Educational Seminars
Certified Appraisals of Value and Loss

Appraisals

 

Is it art, or just a rug?

Are you an insurer of value or loss? An estate or trust attorney? An individual in possession of an Oriental rug of unknown value? If so, there is something we think you need to know…

As is true for fine art, appraising area and Oriental rugs is a highly-skilled task, best done by someone with specific in-depth knowledge of the factors that contribute to their value.

MERA’s experts are Certified Rug Appraisers, with years of experience. Thousands of rugs have passed through our hands, and we are constantly called upon to accurately value rugs of all types, in a variety of circumstances…

For Insurers

MERA’s certified appraisers save insurance companies money on claims against the loss of Oriental rugs – even stores full of them – time after time after time.

We’re specialists, not generalists, with virtually unlimited resources. Our certified appraisals are comprehensive, accurate and impartial. This may be critical in situations such as:

  • Substantiating claims in cases of stated versus actual value with regard to antique, art-quality or trend-dependent rugs
  • Determining valuation under dispute in major loss scenarios when many rugs are involved, especially at a store or warehouse
  • Deciding whether a rug partially damaged by fire, flood or another insurable cause must be replaced, or if it can be cleaned and repaired, and still keep its value

MERA’s appraisals are handled in the most efficient way possible, often electronically, which can save an insurer additional costs. When necessary, we travel world-wide to assess value and provide expert testimony.

For Trusts & Estates

MERA’s experts are often called upon to help attorneys and other interested parties meet their fiduciary obligations in trust and estate situations. Our certified appraisals determine the real worth of rugs so that they can be confidently passed on, sold outright or valued for auction.

For Individuals

Why would you need to know the value of a rug? Usually for one of these reasons:

  • You’re Buying – You see a rug for sale privately or through a dealer, and want to make sure the price is fair. A reputable and reasonable seller will not resist a third-party appraisal.
  • For Insurance – You either need to know what the value is in order to pay the proper premium, or to collect on a loss.
  • You’ve Inherited – You might keep it, you might sell it. Either way, knowing its value is important, for tax and insurance purposes, or to make sure you get what it’s worth.
  • You’re Selling – What about that rug you bought for your first apartment, the one that doesn’t fit your current décor? Is it worth selling or trading, or has it become a mover’s blanket?

Need to know a rug’s real value? Call MERA.

 

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