Claremont Rug Company founder Jan David Winitz reveals major shifts in high-end antique Oriental rug market

In his annual letter sent to clients, Claremont Rug Company founder/president Jan David Winitz, highlighted the mix of technology, artistic/investment value and the appreciation of specific Oriental rug types from the “Second Golden Age of Persian Weaving,” ca. 1800 to ca. 1910, as the primary factors that influencing acquisitions decision by connoisseurs. He told clients that “Last year, we worked with a record number of clients who are investing strategically in a vital sector of the precious tangible asset class and building substantial collections of High-Collectible and Connoisseur-Caliber antique Persian and tribal rugs as defined by our ‘Oriental Rug Market Pyramid™.’” He pointed to overwhelming response to the 140-piece “London Vault of Antique Carpets,” a mid-year invitational private collection sale presenting the Gallery’s “perhaps…most wide-ranging, selecti