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Art Appreciation

June 26 2005 Art Appreciation Newsletter

As an addendum to my last newsletter on Faberge eggs, a recent development has occurred. "Do not," I repeat, "Do not visit the Forbes museum in NY with the hopes of seeing the Faberge eggs (as previously mentioned)." The reason: the Imperial eggs owned by Malcolm Forbes were part of a lot of 200 items sold to a billionaire industrialist from Russia. Regrettably, with this sale, the Faberge eggs were returned to Russia. They were originally intended to be auctioned by Sotheby's, then a private sale transpired instead. The price of the few remaining eggs that exist in private hands has escalated to $20-$30 million. The Forbes museum was, in fact, a hidden treasure in New York. An amazing 10,000 people lined outside Sotheby's to view the eggs, not knowing that all these years they had been on view at the Forbes magazine building. If you are keeping a tally of Imperial eggs, the Kremlin owns ten, the Queen of England owns three, and the new Russian owner, Victor Vekselberg, owns nine. Buy Posters Here From

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