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Version 2.3 · Effective September 24, 2026

The RUG Index
Appraisal Standard

The first standardized, reproducible formula for valuing hand-knotted rugs.

Applies to: Certified Appraisal ($175) and Legal, Estate or Tax Appraisal ($295).

The Formula

Standardized inputs. Documented judgment. Reproducible reasoning.

Every RUG Index valuation applies the published tables to standardized inputs. Where the appraiser departs from the formula, the departure, its size, and its reason are recorded and printed on the report. Without a shared formula, two qualified appraisers can land far apart on the same rug — see why appraisals differ between appraisers.

Core Formula
base_sqft × origin_mult × material_mult × age_mult × condition_mult × kpsi_mult
= resale_midpoint
Resale Value
× 0.80–1.20
Fair market value for private resale or dealer purchase
Retail Replacement
× 2.00–2.40
Cost to replace at retail — used for insurance policies
Auction Estimate
× 0.65–0.85
Expected hammer price at public auction
Insurance Value
× 2.40–2.80
Full replacement cost including dealer premium and sourcing

Each value is reported as a band — the multiples above are applied to the resale midpoint to give that band's low and high figures.

A hand-knotted rug illustrating the five-pillar grading standard

The five pillars, applied to a real rug.

The Five Pillars

Each factor, explained

01
Origin & Region Multiplier
Where a rug was made is the single strongest driver of value. Persian workshop cities like Tabriz, Isfahan, Kashan, and Nain command the highest multiples. Tribal and village rugs carry lower multipliers but have their own collector premiums.
Region GroupEntries (multiplier)Multiplier Range
Persian Workshop Cities
5 entries
Tabriz 2.6× · Isfahan 3.2× · Kashan 2.4× · Qom/Qum 2.8× · Nain 2.4×
2.4×–3.2×
Appraiser assigns city-specific multiplier based on verified attribution.
Persian Village & Tribal
20 entries
Kerman 1.8× · Heriz 1.7× · Sarouk 1.6× · Sultanabad / Arak 1.6× · Bijar 1.9× · Hamadan 1.3× · Malayer 1.4× · Senneh / Sanandaj 1.5× · Khorasan / Mashad 1.3× · Yazd 1.3× · Joshaghan 1.3× · Veramin 1.3× · Qashqai (Tribal) 1.7× · Qashqai-Shiraz 1.5× · Bakhtiari 1.5× · Afshar (Tribal) 1.2× · Shahsavan (Tribal) 1.3× · Kurdish (Tribal) 1.2× · Luri (Tribal) 1.1× · Gabbeh (Tribal) 1.0×
1.0×–1.9×
Turkish
13 entries
Hereke 3.4× · Oushak/Ushak 2.2× · Kayseri 1.0× · Konya 1.0× · Ladik 1.3× · Bergama 1.2× · Gördes / Ghiordes 1.3× · Kula 1.2× · Milas 1.2× · Döshemealtı 1.1× · Sivas 1.2× · Isparta 1.0× · Anatolian Village 1.0×
1.0×–3.4×
Hereke silk pieces command the highest multiplier in this category.
Caucasian
10 entries
Kazak 1.7× · Karabagh 1.6× · Shirvan 1.6× · Kuba 1.7× · Baku 1.4× · Talish 1.4× · Derbend 1.2× · Gendje / Ganja 1.4× · Moghan 1.3× · Lesghi / Lezgi 1.3×
1.2×–1.7×
Central Asian, Afghan & Pakistani
16 entries
Afghan / Ziegler 1.5× · Bukhara / Bokhara 1.5× · Tekke (Tribal) 1.6× · Yomut (Tribal) 1.5× · Ersari (Tribal) 1.4× · Beshir 1.4× · Saryk (Tribal) 1.5× · Chodor (Tribal) 1.4× · Uzbek 1.1× · Kyrgyz 1.1× · Mauri Afghan 1.1× · Baluch / Balochi (Tribal) 1.3× · Pakistani Bokhara 1.2× · Peshawar / Ziegler 1.3× · Lahore 1.0× · Karachi 1.0×
1.0×–1.6×
Indian
9 entries
Agra 1.6× · Jaipur 1.1× · Amritsar 1.2× · Kashmir (Hand-knotted) 1.1× · Dhurrie (Flatweave) 0.8× · Indo-Persian 1.2× · Indo-Tabriz 1.2× · Indo-Kashan 1.2× · Mughal (Antique) 2.0×
0.8×–2.0×
Chinese & East Asian
7 entries
Antique Chinese 2.0× · Peking / Beijing 1.4× · Ningxia 1.6× · Mongolian 1.1× · Tibetan 1.4× · Art Deco Chinese 1.2× · Soumak Chinese 1.0×
1.0×–2.0×
North African & European
15 entries
Cairo / Mamluk (Antique) 2.0× · Alexandria 1.0× · Modern Egyptian 1.0× · Beni Ourain (Tribal) 1.3× · Azilal (Tribal) 1.1× · Boucherouite 0.9× · Moroccan Flatweave 1.0× · Rabat 1.0× · Spanish (Antique) 1.6× · Portuguese 1.4× · French (Savonnerie) 2.2× · French (Aubusson Flatweave) 1.7× · English (Axminster / Wilton) 1.3× · Polish (Antique) 1.6× · Romanian 1.1×
0.9×–2.2×
Specialty Techniques
5 entries
Soumak (Flatweave) 1.0× · Kilim (Flatweave) 1.0× · Flatweave — Various 0.9× · Needlepoint 0.8× · Hooked Rug 0.7×
0.7×–1.0×
Contemporary / Unattributed
2 entries
Contemporary / Modern 1.0× · Origin Unknown 1.0×
1.0×
Conservative baseline applied pending verification.

Certified appraisals use city-specific and workshop-specific origin keys from The RUG Index's 102-entry origin table — expand a region group above to see every entry and its multiplier; the range column is each group's span. The appraiser's attribution determination is the authoritative input.

Basis — every entry in this table is recorded at reference (carried from published reference works and trade practice; no in-house study stands behind the figure), adopted in Standard v2.1. A figure revised against recorded market evidence is published here with its basis and the number of observations behind it.

02
Material Quality Multiplier
The fiber content of both pile and foundation. Pure silk commands the highest premium. Hand-spun wool with natural dyes is valued above machine-spun. Art silk, viscose and synthetic fibers carry the lowest multiplier.
Silk pile 3.5×
Fine Kork wool 2.2×
Wool/silk highlights 1.7×
Wool pile 1.0×
Cotton pile 0.7×
Art silk/viscose 0.5×
03
Age & Provenance Multiplier
Age is verified by wool oxidation, dye analysis, and structural examination. Provenance — auction records, purchase receipts, prior appraisals, published or museum records — is graded P0–P5 and recorded on the report; it carries no multiplier. At P3 and above it may support a documented appraiser adjustment, recorded with its size and reason.
Age — Collector Class

For a collector piece, age stands for the scarcity of a weaving tradition that has ended. The table below is unchanged from earlier versions of this Standard, and it is the table applied to every appraisal whose origin class is collector or not assessed.

Antique, 100 years and up 2.6×
Semi-antique, 50 to 99 years 2.0×
Vintage, 25 to 49 years 1.4×
Modern, 10 to 24 years 1.0×
New, under 10 years 0.8×
Age — Commercial Export Class

For a commercial-export piece, age stands for wear rather than scarcity: the type was made in quantity, survives in quantity, and competes against current production of the same appearance. It carries no antiquity premium.

Antique, 100 years and up 0.8×
Semi-antique, 50 to 99 years 0.9×
Vintage, 25 to 49 years 1.0×
Modern, 10 to 24 years 1.0×
New, under 10 years 0.8×
Origin Class — Which Table Applies

Some weaving centres produced for two very different markets under one name. Where that is so, the appraiser records which one the piece belongs to, and that determination — not the origin alone — decides which age table above applies.

ClassWhat it meansHow it is assessed
CollectorThe collector tier of this origin — the weaving tradition the published multiplier was set for.Determined by the appraiser from the submitted photographs, with the basis recorded on the report.
Commercial exportMade in quantity for a furnishing market, competing against current production of the same appearance.Same determination, same recorded basis. Assessed on its own age table below, and its origin multiplier is capped at 1.00.
Not assessedThe class could not be determined from what was available.Assessed exactly as a collector piece — the published multipliers are unchanged for it.

The question is asked for 26 origins where a collector type and a commercial-export type are known by the same name: Sarouk, Kerman, Kashan, Tabriz, Heriz, Hamadan, Sultanabad / Arak, Bijar, Nain, Isfahan, Qom/Qum, Khorasan / Mashad, Malayer, Art Deco Chinese, Peking / Beijing, Ningxia, Agra, Oushak/Ushak, Bukhara / Bokhara, Peshawar / Ziegler, Afghan / Ziegler, Kashmir (Hand-knotted), Indo-Persian, Indo-Tabriz, Indo-Kashan, Antique Chinese. For every other origin the published multiplier already describes one market, and no class is recorded. The commercial parameters are recorded at basis committee, adopted in Standard v2.3, and are in force.

Provenance Grade — Recorded, Not Multiplied

The appraiser grades the documentary trail behind the piece on the six-level scale below and states the evidence the grade rests on. The grade is printed on the report next to the ownership history. It is a record of what is known, not a factor in the formula.

LevelLabelWhat qualifiesEffect on the value opinion
P0NoneNo provenance documentation offered or located.Recorded on the report. No multiplier; no value effect.
P1Owner history or receiptOwner’s account of acquisition, a purchase receipt, or family papers that name the piece but are not independently verifiable.Recorded on the report. No multiplier; no value effect.
P2Verifiable dealer or auction historyA dealer invoice, auction lot record or prior appraisal that can be checked against the issuing party’s own records.Recorded on the report. No multiplier; no value effect.
P3Published or notable collectionThe piece appears in a published catalogue, dealer publication or a named private collection with a documented chain to the current owner.Recorded on the report. No multiplier. May support a documented appraiser adjustment (reason code: provenance), printed with its size and reason.
P4Museum, exhibition or scholarly recordMuseum accession or loan record, exhibition catalogue, or a scholarly publication that identifies this specific piece.Recorded on the report. No multiplier. May support a documented appraiser adjustment (reason code: provenance), printed with its size and reason.
P5Historically significant documented chainContinuous documented ownership tied to a historically significant person, event or institution, with primary-source evidence.As P3–P4, and the report is flagged for exceptional review.

Provenance is graded P0–P5 and recorded on the report; it carries no multiplier. At P3 and above it may support a documented appraiser adjustment, recorded with its size and reason. P5 flags the report for exceptional review. Each pillar row of the report also states its evidence basis: verified, attributed, or owner-reported.

04
Condition Grade
The most variable factor and the one most open to manipulation. The RUG Index uses a six-point condition scale with specific, observable criteria for each grade. Pile height, structural integrity, repair history, and dye stability are all assessed.
Condition Grade — Professional Assessment

The appraiser assigns the condition grade from the submitted photographs against the published criteria below, considering pile wear, structural integrity, repairs, staining, fading, and other observable factors. Any override of the derived grade is recorded with a reason and printed on the report.

GradeLabelMultiplierCriteria
AMint / Showroom1.00×No wear, no repairs, full even pile, original condition
BExcellent0.85×Full to slightly reduced pile from normal use, minimal fading, repairs noted if present
CGood0.70×Moderate pile wear and minor fading in traffic areas, repairs noted if present, foundation sound
DFair0.50×Substantial pile loss and noticeable fading from significant use, foundation condition noted case-by-case
EPoor0.30×Extensive wear, damage, or deterioration; substantial pile loss; professional conservation recommended
FDamaged0.15×Structural damage materially affecting integrity and value
Originality — recorded, not multiplied

Since Standard v2.2 condition is recorded as two things. The Damage Grade is the A–F scale above, unchanged. Originality records later intervention on a ten-item checklist, each item none, minor or significant with an optional area estimate; it starts at 100 and takes the published deduction per item and severity, floored at 0. It carries no multiplier — it is recorded and printed with the items marked.

InterventionMinorSignificant
Reweaving−5−15
Patching−5−15
Re-piling−5−12
Reduction or cutting−10−25
Border reconstruction−5−15
End / selvage rebuild−2−6
Foundation replacement−10−25
Over-dyeing or painting−8−20
Chemical wash or tea wash−3−8
Re-fringing−1−3

Deductions: basis committee · adopted in Standard v2.2.

The appraiser may override the derived figure by at most ±10 points, with a recorded reason. Reports issued before v2.2 print “originality not assessed (pre-v2.2)”. Originality (reweaving, patching, reduction and other later intervention) is assessed only in a Certified Appraisal; the Snapshot does not record it.

Collector-class rule. For the origins tagged collector-class (31 keys: tribal, Caucasian, Turkmen and antique-only), originality below 85 makes the “originality” reason available for a documented value adjustment; the adjustment itself follows the same bound and co-signature rules as every other adjustment.

31 collector-class keys
Kazak · Kuba · Karabagh · Shirvan · Baku · Gendje / Ganja · Talish · Lesghi / Lezgi · Moghan · Derbend · Tekke (Tribal) · Bukhara / Bokhara · Saryk (Tribal) · Yomut (Tribal) · Beshir · Chodor (Tribal) · Ersari (Tribal) · Baluch / Balochi (Tribal) · Antique Chinese · Mughal (Antique) · Cairo / Mamluk (Antique) · Polish (Antique) · Spanish (Antique) · Beni Ourain (Tribal) · Azilal (Tribal) · Qashqai (Tribal) · Shahsavan (Tribal) · Afshar (Tribal) · Kurdish (Tribal) · Luri (Tribal) · Gabbeh (Tribal)

Note: The self-serve Valuation Snapshot tool uses a structured damage selector (10 damage categories with severity levels) to derive a condition grade. See the Valuation Snapshot Methodology for details.

05
Knot Density (KPSI) Multiplier
Knots per square inch determines the fineness of the weave and the labor investment. Ultra-fine silk rugs can exceed 1,000 KPSI. Coarser tribal rugs may have fewer than 40 KPSI. Both can be valuable — but the density factor is applied accordingly.
800+ KPSI museum quality 1.8×
400-800 very fine 1.4×
200-400 fine 1.1×
80-200 medium 0.9×
Under 80 coarse 0.7×
The universal bands above are the fallback. Since Standard v2.2 the knot-density multiplier is set relative to what the rug’s origin normally produces:

Knot density is scored relative to the classification: where an origin has a published expected KPSI range, the rug's count is placed as a percentile within that range and the craftsmanship adjustment below replaces the universal band multiplier (the multiplier applied is 1 + adjustment).

Percentile 0.00 -25%
Percentile 0.25 -12%
Percentile 0.50 +0%
Percentile 0.75 +5%
Percentile 1.00 +10%

Linear between the published points; the percentile is clamped to 0–1. A count below 0.6 times the low bound or above 1.4 times the high bound still receives the clamped adjustment but raises a classification mismatch: a Certified Appraisal is not issued until the appraiser confirms the classification, corrects the count, or corrects the origin, with a recorded reason; the Valuation Snapshot outputs no number for that combination.

Flag for review. An origin with no published range is scored on the universal scale above and the report states: “knot density assessed on the universal scale pending classification range.”

The Snapshot form takes a KPSI band; when no count is entered the band's representative value stands in: museum 800 · very_fine 600 · fine 300 · medium 140 · coarse 40.

Region GroupExpected KPSI range (basis · adopted in)Published
Caucasian
10 entries
Kazak 40–90 (reference · v2.2) · Kuba 100–220 (reference · v2.2) · Karabagh 60–140 (reference · v2.2) · Shirvan 80–180 (reference · v2.2) · Baku flag for review · Gendje / Ganja flag for review · Talish flag for review · Lesghi / Lezgi flag for review · Moghan flag for review · Derbend flag for review
4 of 10
Central Asian, Afghan & Pakistani
16 entries
Tekke (Tribal) 150–400 (reference · v2.2) · Afghan / Ziegler flag for review · Bukhara / Bokhara 150–350 (reference · v2.2) · Saryk (Tribal) flag for review · Yomut (Tribal) 100–250 (reference · v2.2) · Beshir flag for review · Chodor (Tribal) flag for review · Ersari (Tribal) 60–150 (reference · v2.2) · Baluch / Balochi (Tribal) 80–180 (reference · v2.2) · Peshawar / Ziegler flag for review · Pakistani Bokhara 200–400 (reference · v2.2) · Kyrgyz flag for review · Mauri Afghan flag for review · Uzbek flag for review · Karachi flag for review · Lahore flag for review
6 of 16
Chinese & East Asian
7 entries
Antique Chinese 40–120 (reference · v2.2) · Ningxia 30–90 (reference · v2.2) · Peking / Beijing 50–120 (reference · v2.2) · Tibetan flag for review · Art Deco Chinese flag for review · Mongolian flag for review · Soumak Chinese flag for review
3 of 7
Contemporary / Unattributed
2 entries
Contemporary / Modern flag for review · Origin Unknown flag for review
0 of 2
Indian
9 entries
Mughal (Antique) flag for review · Agra 60–200 (reference · v2.2) · Amritsar flag for review · Indo-Kashan flag for review · Indo-Persian flag for review · Indo-Tabriz flag for review · Jaipur 60–200 (reference · v2.2) · Kashmir (Hand-knotted) 150–600 (reference · v2.2) · Dhurrie (Flatweave) flag for review
3 of 9
Legacy alias
4 entries
Qashqai flag for review · Contemporary flag for review · Other/Unknown flag for review · Tribal/Village flag for review
0 of 4
North African & European
15 entries
French (Savonnerie) flag for review · Cairo / Mamluk (Antique) flag for review · French (Aubusson Flatweave) flag for review · Polish (Antique) flag for review · Spanish (Antique) flag for review · Portuguese flag for review · Beni Ourain (Tribal) 15–40 (reference · v2.2) · English (Axminster / Wilton) flag for review · Azilal (Tribal) flag for review · Romanian flag for review · Alexandria flag for review · Modern Egyptian flag for review · Moroccan Flatweave flag for review · Rabat flag for review · Boucherouite flag for review
1 of 15
Persian Village & Tribal
20 entries
Bijar 80–250 (reference · v2.2) · Kerman 120–350 (reference · v2.2) · Heriz 30–180 (reference · v2.2) · Qashqai (Tribal) 80–200 (reference · v2.2) · Sarouk 100–250 (reference · v2.2) · Sultanabad / Arak 60–140 (reference · v2.2) · Bakhtiari 60–150 (reference · v2.2) · Qashqai-Shiraz flag for review · Senneh / Sanandaj 150–400 (reference · v2.2) · Malayer 80–200 (reference · v2.2) · Hamadan 40–120 (reference · v2.2) · Joshaghan flag for review · Khorasan / Mashad 100–250 (reference · v2.2) · Shahsavan (Tribal) flag for review · Veramin flag for review · Yazd flag for review · Afshar (Tribal) 80–180 (reference · v2.2) · Kurdish (Tribal) 50–120 (reference · v2.2) · Luri (Tribal) flag for review · Gabbeh (Tribal) 30–80 (reference · v2.2)
14 of 20
Persian Workshop Cities
5 entries
Isfahan 300–800 (reference · v2.2) · Qom/Qum 250–900 (reference · v2.2) · Tabriz 100–700 (reference · v2.2) · Kashan 80–600 (reference · v2.2) · Nain 150–700 (reference · v2.2)
5 of 5
Specialty Techniques
5 entries
Kilim (Flatweave) flag for review · Soumak (Flatweave) flag for review · Flatweave — Various flag for review · Needlepoint flag for review · Hooked Rug flag for review
0 of 5
Turkish
13 entries
Hereke 200–1000 (reference · v2.2) · Oushak/Ushak 20–80 (reference · v2.2) · Gördes / Ghiordes flag for review · Ladik flag for review · Bergama flag for review · Kula flag for review · Milas flag for review · Sivas flag for review · Döshemealtı flag for review · Anatolian Village flag for review · Isparta flag for review · Kayseri flag for review · Konya flag for review
2 of 13

38 of 106 origin keys carry a published range; the rest are flag for review until a range is adopted. The range, its basis and the Standard version it was adopted in are frozen on every issued report.

Valuation Confidence

How certain is the number?

Certified Appraisal ($175) and Legal, Estate or Tax Appraisal ($295): No confidence band is shown — every input is assigned by the appraiser, so no input-completeness band applies. Any departure from the formula is recorded on the report with its size and reason.

Valuation Snapshot ($35, self-serve tool): Uses a confidence band based on how many inputs are known. See the Valuation Snapshot Methodology for details.

Want to see this standard applied to a real rug? View a sample Certified Appraisal report →

Review Thresholds

When a second appraiser steps in

Every Certified and Legal, Estate or Tax Appraisal is checked against these thresholds when it is prepared and again before it is delivered. They are part of the Standard and are enforced by the system, not left to discretion.

Senior review
  • The formula resale midpoint is above $10,000.
  • The order is a Legal, Estate or Tax Appraisal, whatever its value.
  • Any pillar whose input is owner-reported carries a multiplier above 2.0.

The report is prepared as usual but cannot be delivered until a second RUG Index appraiser has reviewed it and signed off. The sign-off is recorded on the appraisal.

Exceptional Property Protocol
  • The formula resale midpoint is above $25,000.
  • The age attribution is before 1900.
  • A named workshop or maker is recorded.
  • Provenance is graded P4 or P5.

No algorithmic value is issued. The report states "Automated valuation suspended — specialist market review required" and the value bands are left blank until a specialist market conclusion is entered with a reason code, a note and a co-signing appraiser. That conclusion is printed as the appraiser's conclusion, with the formula indication shown for reference. The $35 Valuation Snapshot outputs no number for such a piece; it directs the owner to a Certified Appraisal and offers the $35 as credit.

Scope & Limitations

What this standard covers

Scope: Hand-knotted and hand-woven rugs and textiles. Remote appraisal from submitted photographs.

Limitations
Version History

Changelog

v2.3 — September 24, 2026

Origin class recorded on every appraisal whose origin is one of the 26 where a collector type and a commercial-export type share a name. The class is determined by the appraiser from the submitted photographs, is independent of the master attribution, and is printed on the report with the basis and version its parameters were adopted under. A commercial-export piece is assessed on its own age table and its origin multiplier is capped, both recorded at basis committee; the collector table is unchanged. An appraisal whose class is not determined is assessed exactly as before. Knot density ranges are unchanged and shared by both classes.

v2.2 — September 5, 2026

Review thresholds published: senior review above $10,000 or for Legal, Estate or Tax orders; Exceptional Property Protocol suspends algorithmic valuation above $25,000, for pre-1900 attribution, named workshop or maker, or provenance P4 and above. Knot density assessed relative to the classification’s published expected range (38 origins, basis reference); origins without a range are assessed on the universal scale and flagged. Condition reported as Damage Grade (A–F, unchanged) and Originality (ten-item checklist, published deductions, basis committee, no multiplier); originality below 85 on collector-class origins may support a documented adjustment. Each report carries a permanent TRI object identifier. Tables carry a basis and the version in which they were adopted; changes are made by version.

v2.1 — September 3, 2026

Published tables on this page are rendered from the valuation engine and gated for parity. Certified value contexts shown as bands, as printed on reports. “No subjective judgment” language replaced with documented-judgment language. Manual value adjustments bounded (15 percent), reason-coded, co-signed beyond the bound, and printed on the report. Provenance graded P0–P5 and recorded; no multiplier. Per-pillar evidence basis (verified / attributed / owner-reported) recorded and printed. Multipliers, base rate, and version frozen on each report at issuance. Guide pages no longer carry multiplier figures.

v2.0 — August 1, 2026

Full origin table expanded to include all major weaving regions. Condition grading section clarified to reflect direct professional assessment. Scope statement added.

v1.0 — 2026

Initial publication.

See the standard in action

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