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The last Faberge egg was made in 1917, with production halting after the Russian revolution. The jewel-encrusted eggs sell nowadays at auction for several millions of dollars. The Faberge brand itself was sold in 1989 for $1.6 billion to Unilever. Pallinghurst Resources, a private-equity fund, acquired the name last year for an undisclosed price. And they are reviving the Faberge egg with a new commission. Descendants Tatiana and Sarah Faberge were brought in to lend credence to the rebirth of an old icon of Russian wealth. (via Luxist)

Written by ltao

May 30th, 2008 at 2:42 am

Posted in Uncategorized