It's one of three rugs that Kamran Karimpour, owner of the Woven Treasures store in Birmingham, brought back in August from Iran. The rug is the first he has imported from his native country since the United States imposed an embargo on Iranian-made rugs in 1987.
Labor is one major factor that plays a role in determining the price of a rug.
Do the math. To illustrate, Karimpour counts the knots on the back of the rug to help compute how long it took to weave the rug. In this case, there are 729 knots per square inch. The rug is 61 by 42 inches, so its area is 2,562 square inches. Karimpour multiplies the 729 knots per square inch times the total rug area.