Business / Collectibles

Pearl carpet sold for $5.5m in Qatar auction

Indian carpet made of pearls and gems today fetched a record $5.5 million at the first series of auctions held by Sotheby’s in the Gulf state of Qatar. The 5-foot-8-inch by 8-foot-8-inch Pearl Carpet of Baroda had been commissioned in 1865 by the Maharajah of the former Indian state of Baroda, possibly as a gift […]

Mar 21, 2009 | By Anakin

Indian carpet made of pearls and gems today fetched a record $5.5 million at the first series of auctions held by Sotheby’s in the Gulf state of Qatar.

The 5-foot-8-inch by 8-foot-8-inch Pearl Carpet of Baroda had been commissioned in 1865 by the Maharajah of the former Indian state of Baroda, possibly as a gift for the tomb of the prophet Mohammed at Medina, said Sotheby’s.

The carpet, with more than 1 million natural Basra seed pearls, had never been offered before at auction and was expected to fetch at least $5 million, said Sotheby’s.


 
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