Fabergé Egg Sells for $18.5 Million
By Associated Press | November 29, 2007
http://www.nysun.com/foreign/faberg-egg-sells-for-185-million/67170/
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ShareA rare enamel-and-gold Faberge egg that had been in the Rothschild banking family for more than a century sold for record $18.5 million at auction Wednesday.
Shaun Curry / AFP / Getty
A Rothschild Fabergé Egg is pictured next to a guard at Christie’s auction house in central London in October 2007.
The sale of the translucent pink egg topped with a diamond-studded cockerel was the highest for a Faberge work of art, Christie's auction house said. The price also broke the record for Russian artwork, excluding paintings, easily beating the $9.6 million paid for a Faberge egg in New York in 2002, Christie's said.
"It holds an amazing fascination for just about everybody, from James Bond onwards as far as I remember," said Anthony Philips, Christie's Russian art specialist. "It's just a magic name. The quality is fantastic. There's a romantic association with the Russian Revolution. They're of stunning workmanship."
Prices for Russian art have escalated as the country's increased wealth makes its way on to the international art market.
