Saturday, June 08, 2013

New record for rugs... cough, cough

 New record!
"A Persian carpet decorated with swirling vines and vibrant flowers that was stored for decades by the Corcoran Gallery of Art sold Wednesday for more than $30 million. That sum, fetched at a Sotheby’s sale, shattered the previous record for rugs sold at auction. But it won’t help the struggling Washington gallery overcome its financial woes because the money must be used for future acquisitions, not to help the bottom line."
Read the article in the WaPo here. If the Corc needs some ideas as to how to spen the $30M... they know my number...