Largest High-End Rug Auction in North Carolina History
JAMESTOWN, N.C., Sept. 26, 2014 /PRNewswire/ -- It was announced today that $2,000,000.00 of high-end, hand and machine made oriental rugs will be sold in High Point, NC. The rugs are the final auction of the former assets of Ziba Rug of High Point, NC.
Iron Horse Auction Co., Inc. of Rockingham, NC has been commissioned by the owner to conduct the No Minimum/No Reserve Auction. Everything sells to the last and final bidder at the end of the auction. Retail prices on these rugs range from $75,000.00 to $500.00 with a large majority being hand tied rugs from Pakistan, India, China, New Zealand, Egypt, Iran & Turkey with sizes up to 20' 6" x 11' 9".
Due to the large inventory of nearly 600 rugs, the auction will be conducted in 2 segments, 1 week apart. The first auction starts ending on Thursday, October 2, 2014 at 5:00pm with the extended bidding feature. Public inspections will be available on September 27th & October 4th from 10am to 2pm or by appointment.
Tom McInnis of Iron Horse states, "This is an unbelievable auction of an outstanding collection of handmade and machine made rugs. It is a once in a lifetime opportunity to buy high-end rugs at the auction prices. Most collections of this quality and size are located in the larger cities of the world."
For further information, go to ironhorseauction.com or call:
800-997-2248
For interviews or onsite visits call:
Thomas McInnis at 910-997-1555
[email protected]
Iron Horse Auction Company, Inc.
174 Airport Road
Rockingham, NC 28379
910-997-2248
www.ironhorseauction.com
SOURCE Iron Horse Auction Company, Inc.
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