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With antique rugs, age and beauty do not go hand in hand. Rarity, design and the condition of the rug are what appraisers look for, not the approximate date the rug was made.  Rarity is important because some types of rugs are extremely hard to come by. Rugs, as opposed to other art forms, are primarily made to be used and thus wear out over the years.  For example, few survive from nomadic tribes who made rugs, used them until they became threadbare, then threw them out. So a nomadic tribe rug would be far more valuable today than a very old rug, simply because of its scarcity.