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Faberge egg fetches fortune

LONDON: A rare enamel-and-gold Faberge egg that had been in the Rothschild banking family for more than a century sold for nearly £9 million at auction on Wednesday.

The sale of the translucent pink egg topped with a diamond-studded cockerel was a record for a Faberge work of art, Christie’s auction house said.

The price broke the record for Russian artwork, excluding paintings. The next highest price was the $9.6 million paid for a Faberge egg in New York in April 2002.

Faberge created more than 50 eggs for Russia’s imperial family, though not all survive. The Rothschild Faberge Egg is one of no more than 12 such pieces known to have been made to imperial standards for private clients, Christie’s said.

The Faberge egg that was sold on Wednesday originally was acquired by Edouard Ephrussi, who represented the Rothschild family’s oil interests in Baku, in modern-day Azerbaijan — AP

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