Value calculation

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Posted by Marvin Amstey on April 12, 1999 at 08:38:26:

Does anyone have a conscious or subconscious formula for calculating the value of a rug which they dearly wish to collect but which is damaged or repaired a little, a moderate amount, a lot? (with the obvious proviso that I can afford "X"). In other words, "I really have been looking for a rug with this design, function, color, rarity, tribe - whatever - but I see all the repairs and damage; what am I willing to pay for it? (as a fraction of a complete, untouched, undamaged piece)?" Or - should the question be: "this is so repaired and damaged, that I'll keep waiting for the right one." Would anyone wish to propose such a formula? We all use such calculations to determine our purchases, but is it possible to articulate them? Good luck with your calculations. Marvin

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