May 11 2009
Nazmiyal Launches Online Auctions
by Jason Nazmiyal
As a result of their recent merger, Nazmiyal and Damoka have assembled a remarkably broad and comprehensive collection of antique rugs. Together their holdings comprise some eighty five years of effort and experience in collecting fine antique carpets of virtually every style and type. Acquired largely in the middle decades of the twentieth century, much of the Damoka collection has remained untapped for decades, offering a wide assortment of antique carpets that is essentially new to the market.
But this collection was also assembled when the cost of rugs was considerably lower than today, and now Nazmiyal Live Auctions Online plans to pass this reduced cost base on to its customers. As result, quality antique pieces will be available at prices comparable to those of forty years ago or more, perhaps even at prices comparable to those of new rugs made today. The auction is currently set for the first of June, and the rugs will available for preview online at liveauctioneers.com and in Nazmiyal’s New York Gallery throughout the month of May.
