The first Faberge Imperial egg produced in almost a century went on display yesterday at the Doha Jewellery and Watches Exhibition.
The “Faberge Pearl Egg” features 139 fine white pearls, and more than 3,300 diamonds as well as other precious gemstones.
FABERGÉ RELAUNCHES AFTER MORE THAN 90 YEARS
Several Gulf nations have a long history of pearl diving, and Qatar is building an artificial island off its coast named after the precious treasure.
The egg is the first of its kind commissioned since World War I.
Faberge’s last Imperial creation, the Steel Military Egg, was commissioned in 1916 by the Tsar just months before he was removed from power by the Russian Revolution and forced to abdicate in February 1917.
Nicholas II had arranged the egg as a present for his wife, Alexandra.
The tradition of giving decorative eggs was started by his father, Tsar Alexander III, who surprised his wife Empress Maria with a bejewelled Easter egg in 1885.
But as much as they were loved by the Russian royalty, the diamond-encrusted objets d’art have come to symbolise the family’s excesses.
The egg has been commissioned in association with the Gulf-based Al Fardan jewellery group, which is renowned for its pearls.
It will be sold at the end of the five-day exhibition in Qatar and there are already buyers interested in the piece.
One estimate put the value of the new egg at $2 million and several people had already expressed their desire to buy the piece.
The $2 million price tag may end up being a conservative estimate.
The last Imperial egg to be auctioned reportedly went for more than $30 million when sold last year after being found in a jumble sale.
And the last officially known price for an egg was $18.5 million, which was sold at Christie’s in London in 2007.
Faberge says that 50 eggs in total were commissioned and 43 of those are known to have survived the Russian Revolution.
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