Fabergé Sold for $50 Million to SMG Capital

A Storied Heritage: From Imperial Eggs to Luxury Collectibles Founded in St. Petersburg in 1842, the House of Fabergé reached the height of its fame under Peter Carl Fabergé, who became goldsmith to the Russian Imperial Court in 1882.

The brand’s legendary Easter eggs, commissioned by Tsar Alexander III and Nicholas II, became symbols of creative freedom. Fifty Imperial Eggs were crafted for the royals from 1885 to 1916, a tradition interrupted by the Russian Revolution, dispersing the treasure trove worldwide.

Fabergé’s legacy now reaches far beyond its eggs, encompassing high jewelry, watches, and objets d’art coveted by collectors and connoisseurs. The eggs themselves have fetched staggering prices—one collection was valued at £52 million at auction in 2004.

Viktor Vekselberg owns the largest private collection, including the $24 million “Coronation Egg”…