I think your room is gorgeous and the drapes as shown look very pretty. Why put new holes in the wall? Maybe hang a pretty plate on the right

The rods don't look too short. They look wider than the window. I would close them at the top and use holdbacks to keep them open at the middle.

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What I would do is hang panels on dark or gold rings. These panels are sheers with pocket and are usually used as sheets behind more formal pleated drapes. So, it depends on what budget you have and how formal you want for your pretty room. This look would be beautiful and be consistent with your furnishings. You can get rods with extension for hanging pleated panels then just adjust your sheets over windows.

Here are some examples.

Rods.

Thank you Stacey! I feel like the curtain rods are too short and because of that, the curtains even with tie backs cover most of the top half-round of the window which I think is so pretty! I do like the idea about a plate on the right wall - thank you!

Neither...choose a rod made for the arched window.

Ohhhhhh! @elcieg I've never seen that but I love it! Thank you!!

Great! You can keep your draperies and show the arch. Lovely. Rods are available...look around for the best price.

https://www.interiordecorating.com/248950-307-Custom-Arched-Curtain-Rod

Such a better rod when you don't lose the arch behind it!!

Just an FYI. If you get the arched rod, you can't use the curtains you have now. Won't work.

OH... Did not think about that! :( Thank you for mentioning it.

judiana--how are the rings staying in place on those arched rods?

Custom curved rods will be very expensive. The rings are welded onto the rod to stay in place.

The problem with rod pocket drapes is that won’t stay put and want to move toward the center. I found this link on houzz with a trick https://www.houzz.com/discussions/2682579/how-to-stop-rod-pocket-drapes-from-sliding

Another option is to use rings on your drapery rod. Either a pleat needs to be sewn into the drapes or attach pleater tape or you can use a ring with a clip attached. Here is one method to attach the clips. :https://www.younghouselove.com/pleated-panels-burger-photobombs/

Your room is lovely and it reminds me of the dining rooms in the homes of our early American Presidents.

I did not notice the difference in space between the left window/near wall and the right window/near wall. If you put anything there, even a plate, it will throw off the symmetry of that end of the room and call attention to a spatial difference that no one actually notices.

Your curtain rods may not be fully extended. I would check that first.

Personally, I like the separate curtain rods and think if you pulled the curtains together at the center top and added hold backs right above the wainscoting (easier to repair hardware holes in the wall than to try to cover them up in wainscoting if you should ever want to make a change) it would give the windows a more formal appearance for very little money. You can gently pull a bit of the curtain so it slightly curves as it drapes behind the hold back rather than be pulled straight.

I would prefer slimmer rods extended further past the window frames and mounted as high as possible and next to the crown. The arched rods are pretty, but expensive and not practical for everyday living, IMO.

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Because there's wainscoting, I like how 2 rods don't interrupt its flow around the room.

I dug up rings for the rods I saved from years ago and put them to use. What a difference! I love the updated look that didn’t cost a penny. Here is one panel that is done. Thank you everyone for the great suggestions and ideas!

Yay! Clapping for a quick - yet very satisfying - solution. Enjoy your new 'old' curtains!

I second the “Yay”

Third “Yay”! Looks great!

So much better. I think it is better than curved rods too which would look dated and heavy. Well done!’