Antique Rug Fetches Millions at Auction

Going once...Going twice...SOLD!

An antique Persian rug from the 17th century sold for $33.7 million at auction in New York City.

The auction house Sotheby's said the price for the Clark Sickle-Leaf Carpet increased more than three times the previous auction record for a carpet. The Persian Rug sold to a telephone bidder, who wished to remain anonymous. The seller was the Corcoran Gallery of Art in Washington, D.C.

The carpet was part of a collection bequeathed to Corcoran in 1926 by William A. Clark, an industrialist and U.S. senator from Montana.
Record price for a carpet was previously recorded at $9.6 million for a Persian carpet sold by Christie's in London in 2010.

The Sickle-Leaf carpet measured approximately 8 feet by 6 feet in size.

The final price included the auction house's service fees.

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