Collecting Rugs for Profit
More than just a heavy piece of fabric splayed on the floor to reduce ambient noise and to give a different look to a space, a rug (or what is also known as carpet) is also an object of great monetary value and actually, a pricey one, for that matter. This is because rugs -- especially the genuine, antique, handwoven Oriental rugs like those made from Persia, Anatolia and Tibet, are rare expensive pieces. You can ask seasoned carpet collectors to confirm that this indeed is true; and as matter of fact, many believe that antique Oriental rugs are better investment than stocks. So if you are thinking of starting a hobby in collecting stuff, you might as well consider collecting an antique Oriental rug.
Now, as you think about collecting rugs and making money out of it, there are few things that you must take into factor to ensure that you will reap the benefit of your effort. And one of those things is of course your idea about rugs. A smart investor knows what he is investing in. So spend some time to learn about rugs (e.g. texture, weaving process, materials, etc.), as well as the trade. Buy books, ask expert rug investors and dealers, and check out well-known auction houses. After which, you can then start shopping for rugs. You must remember that there so many types of Oriental rugs. So you might consider specialising to a certain type that interests you or the type that promises greater profit in the near future. By doing so, you are establishing yourself as a specialist collector of Syrian rugs, as well as gain the skills that will make you a superior rug buyer and trader.
