This site uses cookies. By accepting cookies you can optimise your browsing experience. Read more.
02:26

Faberge minature sedan chair could fetch $1mn at auction

United Kingdom, Cirencester
September 10, 2019 at 02:23 GMT +00:00 · Published

An "exceptionally rare" Faberge sedan chair model is up for sale at Cotswold Auction Company in Cirencester, Gloucestershire, this Monday.

The piece bears the mark of workmaster Michael Perkhin, who supervised the production on the Faberge eggs, and is thought to have been made for the Russian royal family.

Bought for a mere £75 ($93; €84) from Wartski antique dealers in 1929, worth around $4,000 (€3,350) in today's money, the work has stayed within the same family ever since.

The sedan chair, made of gold, rock crystal, jadeite and mother of pearl, is one of only 10 in the world. While auctioneers have set a pre-sale estimate at $125,000 (€113,000), they believe it could sell for as much as $1 million. A similar piece sold for 865,000 (€780,000) at Christie's in 2017.

02:26
No Account? Sign up!
Description

An "exceptionally rare" Faberge sedan chair model is up for sale at Cotswold Auction Company in Cirencester, Gloucestershire, this Monday.

The piece bears the mark of workmaster Michael Perkhin, who supervised the production on the Faberge eggs, and is thought to have been made for the Russian royal family.

Bought for a mere £75 ($93; €84) from Wartski antique dealers in 1929, worth around $4,000 (€3,350) in today's money, the work has stayed within the same family ever since.

The sedan chair, made of gold, rock crystal, jadeite and mother of pearl, is one of only 10 in the world. While auctioneers have set a pre-sale estimate at $125,000 (€113,000), they believe it could sell for as much as $1 million. A similar piece sold for 865,000 (€780,000) at Christie's in 2017.

M/S The Cotswold Auction Company sign, Cirencester

W/S The Cotswold Auction Company

M/S Faberge sedan chair inside wooden box

C/U Faberge sedan chair

C/U Faberge sedan chair

C/U Faberge sedan chair

C/U Faberge sedan chair

C/U Faberge sedan chair

SOT, Lindsey Braune, Director of The Cotswold Auction Company: "This is an exceptionally rare piece of Faberge which comes from Russia, from the workshop of Peter Carl Faberge, and these sorts of items, luxury pieces, just don't come at the auction very often, it's really exciting"

M/S Faberge sedan chair taken out of the box

C/U Faberge sedan chair taken out of the box

SOT, Lindsey Braune, Director of The Cotswold Auction Company: "What's particularly exciting about this one also, is the provenance. It's been in the same family since 1929, so 90 years since it was first bought in London at Wartski's, the Russian jewellers and dealers, specialists fine art dealers".

M/S Notebook mentioning sedan chair

C/U Picture and description of sedan chair in book about Faberge

C/U Picture and description of sedan chair in book about Faberge

C/U Picture and description of sedan chair in book about Faberge

M/S Inside The Cotswold Auction Company showroom

W/S Entrance to The Cotswold Auction Company

M/S The Cotswold Auction Company sign

Video Feed
Providing you with the best in breaking news, politics, science, sports, tech, viral and entertainment content
All latest videos
Japan: World Rugby boss praises 'spectacular hosts' ahead of RWC 2019 kick off
03:46
Japan: World Rugby boss praises 'spectacular hosts' ahead of RWC 2019 kick off
September 17 at 12:40 GMT +00:00
USA: 'Tent courts' along Texas' Southern border start receiving asylum applications
02:42
USA: 'Tent courts' along Texas' Southern border start receiving asylum applications
September 17 at 12:36 GMT +00:00
Russia: Moscow court upholds arrest for suspected US spy Whelan
01:19
Russia: Moscow court upholds arrest for suspected US spy Whelan
September 17 at 12:17 GMT +00:00
France: Banned Neymar trains with PSG ahead of Real Madrid clash
01:35
France: Banned Neymar trains with PSG ahead of Real Madrid clash
September 17 at 12:13 GMT +00:00
Russia: Large-scale missile drills take place in AstrakhanPool for subscribers only
01:54
Russia: Large-scale missile drills take place in Astrakhan
September 17 at 11:43 GMT +00:00
Hong Kong: Released activist announces legal action against police
02:51
Hong Kong: Released activist announces legal action against police
September 17 at 11:33 GMT +00:00
Iran: Khamenei rules out negotiations with US
01:49
Iran: Khamenei rules out negotiations with US
September 17 at 10:44 GMT +00:00
Israel: Netanyahu's main opponent Gantz casts his vote in general election
02:10
Israel: Netanyahu's main opponent Gantz casts his vote in general election
September 17 at 10:31 GMT +00:00
Israel: Leader of Joint List of Arab parties Odeh casts his ballot in general election
01:42
Israel: Leader of Joint List of Arab parties Odeh casts his ballot in general election
September 17 at 10:06 GMT +00:00
USA: 'We don’t want to panic' after Saudi Arabia oil attacks – Trump
03:32
USA: 'We don’t want to panic' after Saudi Arabia oil attacks – Trump
September 17 at 10:00 GMT +00:00
Israel: PM Netanyahu casts his vote in general electionPool for subscribers only
01:23
Israel: PM Netanyahu casts his vote in general election
September 17 at 09:22 GMT +00:00
State of Palestine: Former Israeli DefMin Lieberman casts vote in Israel's general election
02:23
State of Palestine: Former Israeli DefMin Lieberman casts vote in Israel's general election
September 17 at 08:40 GMT +00:00
All latest videos