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From flea market to $42m: lost Faberge egg emerges

Published on Mar 21, 2014 4:21 AM

LONDON (AFP) - One of the eight missing imperial Faberge eggs will go on show in London next month after it was purchased by a scrap metal dealer in a flea market in the United States.

London antique dealer Wartski said the man bought the egg a few years ago for about US$14,000 (S$17,800), completely unaware that it was worth about US$33 million (S$42 million).

The man thought he could make a quick US$500 profit by selling it on as scrap metal, but by a stroke of fortune he was unable to find a buyer and so the egg was saved from being melted down.

The egg, which contains a Vacheron Constantin watch, sits on a jewelled gold stand and was given by Alexander III to his wife Empress Maria Feodorovna in Easter 1887. It is one of only 50 imperial Faberge eggs ever made.

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