Forbes Family to Sell Faberge Imperial Eggs
NEW YORK (Reuters) - The family of late publisher Malcolm Forbes said Thursday it would sell the world's largest private collection of fabled Faberge Imperial Easter Eggs and other Faberge creations for an estimated $90 million.
The eggs, considered a standard for rare treasures, were first commissioned by Russian Czar Alexander III from the House of Faberge master crafters in 1885 as Easter gifts for his wife, Czarina Maria Feodorovna. The tradition continued for 30 years in the Romanov imperial family.
There are 50 Imperial Easter Eggs in the world, including the nine owned by the Forbes family. Sotheby's auction house said the nine eggs and 180 other Faberge pieces from the collection would be offered at auction in New York on April 20 and 21. A presale public exhibition opens on April 12 at Sotheby's.
There are 10 in the Moscow Kremlin Collection, the Virginia Museum of Fine Arts in the United States has five and Britain's Queen Elizabeth owns three. The others are in the United States, Switzerland and Monaco, but eight are unaccounted for, Sotheby's said.
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Forbes Family to Sell Faberge Imperial Eggs