Home » World » -title Faberge Egg Sells for Record $30.2 Million at Auction

-title Faberge Egg Sells for Record $30.2 Million at Auction

by Lucas Fernandez – World Editor

Rare Fabergé Egg, ⁢Once Owned by Russian ‍Royalty,‍ Sells for Record $30.2 Million

A Fabergé egg crafted for teh Russian imperial family ⁣in ⁣1913 has shattered auction records, selling for ​$30.2 million at Christie’s London,​ the auction house announced Tuesday. Known as the “Winter ‌Egg,”‍ the opulent creation-comparable to the “Mona Lisa” for decorative‍ arts,according to Christie’s-is one ⁣of only seven of​ these jeweled objects remaining in private hands.

The sale price marks a new world record for a Fabergé item and underscores the enduring allure of Russia’s Romanov dynasty and ⁣the exquisite craftsmanship of ‍Peter Carl Fabergé. The egg’s‌ journey​ from imperial treasure to private collection, and now to​ an​ undisclosed buyer, reflects a turbulent history and the continuing captivation with a lost era of‌ luxury. The record-breaking price also highlights the ⁤robust market for rare collectibles and the enduring investment value of historically important art.

The 4-inch tall egg ⁤is meticulously carved ‍from rock crystal and adorned with a delicate platinum snowflake motif⁣ and ​4,500 diamonds. Inside, a removable basket holds bejeweled quartz flowers symbolizing ⁤spring.Czar Nicholas II commissioned the egg as an Easter present for his mother, ​Dowager Empress Maria Feodorovna. It was designed by alma Pihl, ‍one of Fabergé’s​ few female designers, who also created an egg now owned by ⁤the British royal family.

Fabergé and his company ⁣created ⁤more then 50 of these elaborate eggs for the Russian imperial⁢ family between 1885 and 1917, each containing a hidden surprise. Czar Alexander III began the tradition, presenting an egg to his wife each Easter, a practice continued by Nicholas ⁣II ⁣for his ⁣wife and mother.

The “Winter Egg”‘s history‍ after the 1917 revolution saw it purchased by a ⁢London dealer for 450 pounds‍ in the​ 1920s as the ⁣Communist authorities sold off Russia’s artistic treasures. It resurfaced at Christie’s in 1994,selling for over ⁢7 million Swiss francs ($5.6 million at the time), and again in 2002 for $9.6 million.Each sale ‌established a new record for a Fabergé item.

There are 43 surviving imperial Fabergé‌ eggs, the⁢ majority housed in museums worldwide. Margo Oganesian, head of Christie’s Russian art department, described the ⁢egg as “the ‘Mona lisa’ for decorative arts,” a superb ‍example of craft and design.

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