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. Last Updated: 07/27/2016

05/19/1994

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Faberge Eggs: Russian Pays Cracking Price

GENEVA -- A Russian art collector living in the West has paid well over $1 million for two rare Easter eggs and a carved stone elephant by Tsarist jeweler Karl Faberg?. The buyer, understood to be a former citizen of the old Soviet Union, declined to identify himself after the Christie's auction Tuesday night of pre-revolutionary antiques, at which many other Russians took part in the bidding. Against fierce competition, he paid just over 1.2 million Swiss francs ($860,000) for an enamelled Faberg? ""Apple Blossom"" egg made in 1901 for a riches-to-rags industrialist who died in a Stalinist camp. He also bought another egg, ""Nobel Ice,"" made for an oil magnate who fled Russia after the 1917 Bolshevik Revolution, for 311,500 Swiss francs, and paid 157,500 francs for the bowenite elephant which once belonged to a Russian dowager empress.

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