Fabergé's The Winter Egg sold for nearly £23 million ($30 million) at Christie's in London, setting a new world auction record.

London

A Fabergé Winter Egg, originally created for Russia's last emperor Nicholas II and presented to his mother in 1913, has sold at Christie's auction house in London for £22.9 million (26 million euros). The jewel-encrusted egg, containing 4,500 rose-cut diamonds, is one of only seven imperial Easter eggs still in private ownership, underscoring its rarity and historical significance.

Fabergé produced just 50 imperial Easter eggs for the Romanov family, with 43 known to exist today. The tradition of gifting these eggs ended with the fall of the Romanovs in 1917, and many were later sold by the Soviet government. The Winter Egg's previous auction was in 2002, and the identity of the new buyer has not been disclosed.

Faberge's rare Winter Egg fetches record £22.9M at auction

Snowflakes shining in the light, this is Fabergé's winter egg. A unique creation that makes up part of the Russian jeweller's Easter egg series. It's said to house four and a half thousand rose-cut diamonds carved into rock crystal. The egg, which contains a bouquet of flowers, was made for Russia's last emperor, Nicholas II, who gave it as a present to his mother in 1913. 112 years later, it sold for 22.9 million pounds, or 26 million euros, at British auction house Christie's. The winter egg is truly one of the rarest items that you can find. Fabergé created only 50 imperial Easter eggs for the Romanov family over the period of 31 years, and out of those 50, only 43 still exist, so seven are missing. Out of those 43, only seven left in private hands, so it just shows you how rare and how important the winter egg is. It's one of only seven imperial Easter eggs you can still essentially purchase for your collection. The tradition of offering the eggs as Easter gifts began with the Tsar's father, Alexander III, a custom that ended with the fall of the Romanov family in 1917. Since then, the eggs are considered a historic relic, and many of them were sold after the revolution by the Soviet government to raise foreign currency. The last time the winter egg was auctioned was in 2002, when a former Qatari minister of culture bought it for 8 million euros. With a new record now set, no buyer has been named as of yet.

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Breakdown