Description: Persian Shiraz rug was?hand knotted of 100% wool. This rug is 40+ years old and was purchased by two American professors teaching in Shiraz in the 1970s. The rug has medium wool piles and is in excellent condition. Beautiful colors with excellent quality. No holes or repairs, nice and soft. Gorgeous design but not a perfect rectangle. Clean and ready to be enjoyed. Current embargoes against Iranian goods by the U.S. should cause the value of these rugs to increase. It has a recent, independent insurance replacement appraisal of $1,350.00 by a well-established rug company in St Louis. This appraisal can be provided upon request.