Are most hand-knotted rugs a rip off?
Please help us understand the rug industry. We are very perplexed.
All the rug and home stores we have visited seem to be playing a ridiculous game of "hide the real price" - even Bloomingdale's!
We are looking for an 8x10 and 9x12 - we would like a hand-knotted or hand-tufted rug in wool or wool and silk or wool and viscose.
Some of the rugs have price tags of $20k and up, but then the salesperson whips out a calculator and in their magic "sale" takes off 75% (this also happened at Bloomies.) My husband and I, who don't enjoy haggling or playing games, were incredulous.
Can someone please enlighten us as to what price we should try to get these sales people to for the following categories? e.g. $50 per square foot, for example
150 knots per square inch - 100% wool - hand-knotted in Nepal
150 knots per square inch - 90% wool/10% silk - hand-knotted in India
100 knots per square inch - 50% wool and 50% silk - hand-knotted in Nepal
If it helps, none of the rugs we are looking at feature complex patterns. We want a more contemporary rug, and neutral colors, so most of the rugs we liked had 2 or 3 or 4 colors maximum.
All of these rugs are new manufacture - not antique or rare or one of a kind.