News World-News

Rare Fabergé winter egg sells for record at approx. FJ$70M in London

Rare Fabergé winter egg sells for record at approx. FJ$70M in London
Picture: CNN

One of the last Fabergé eggs in private hands sold for £22.9 million (almost FJD$70 million), with fees, yesterday, breaking its own record as the most expensive work by the Russian jeweler ever to appear at auction.

Commissioned by Tsar Nicholas II as a gift for his mother in 1913, the Winter Egg went to an unidentified buyer following a 3-minute bidding battle at Christie’s auction house in London.

The record sum slightly exceeded Christie’s pre-sale estimate of £20 million ($26 million).

The astronomical price tag reflects the growing rarity of the House of Fabergé’s Imperial Eggs, none of which has been seen at auction in over 23 years.

The historic St. Petersburg jewelry house only ever made 50 of them, and the Winter Egg is one of just seven left in private hands.

The others are either missing or owned by institutions or museums.

The new record reaffirmed the enduring significance and rarity and brilliance of what is widely regarded as one of Fabergé’s finest creations, both technically and artistically.

The bejeweled eggs were produced for Nicholas II and his predecessor Alexander III, who presented them as Easter gifts to family members between 1885 and 1916.

Source: CNN

Stay tuned for the latest news on our radio stations

CFL radio frequencies
Scoreboard
3:00PM
Nadi vs Naitasiri
3:00PM
Tailevu vs Nadroga
1:00PM
Nadi vs Namosi
1:00PM
Suva vs Nasinu
Full Time
Palace 3–1 Nottm Forest
Full Time
Hull 2–2 Everton
Full Time
Liverpool 0–3 Man City
Full Time
All Blacks 43–21 Australia
9:05pm
Fiji Bati vs Australia