Friday, July 9, 2010

2010 Persian Rug Embargo, a Dealer's Nightmare!

The last day to bring in Persian rugs, according to what I have read on these new Iranian sanctions, is September 28, 2010.

Considering at least 40% of the rugs I sell are from Iran, I am highly distressed by this upcoming embargo.

Yes, there are other rugs, but the new, vegetable dyed tribal rugs from Iran (Persian Gabbeh's, Qashqai, Khamseh and Bijar rugs) are what I would consider the top rugs offered at my gallery.

I actually thought to myself...maybe it's time to leave the US.

At this time, I still have a nice selection of Persian rugs but as far as what will be available in the future, your retail choices of Iranian rugs will markedly decrease, after September 29, 2010 from US retailers.

If there every was a reason to buy it now, this is it, for sure!
I am very sorry to be the bearer of bad news but the good news is, to those that have purchased the better quality Persian rugs, my guess is that your rugs will be going up in value!
Paradise Oriental Rugs

UPDATE: The Persian Rug Embargo has ended! 
Here's the news.   Sanctions Are Lifted!