£500,000 Romanov treasure is hot property at Cotswold auction.

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BNPS.co.uk (01202 558833)<br />
Pic: PhilYeomans/BNPS<br />
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Piers Critchlow from the Cotswold Auction Co carefully hold the Russian gem...<br />
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In from the cold - £500,000 Romanov treasure is hot property at Cotswold auction.<br />
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An exquisite Faberge antique believed to have been made for the Russian Royal family over 100 years ago sold yesterday for a whopping £500,000...over 5 times it's estimate.<br />
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The model of a sedan chair by the iconic Russian jewellers was one of the state treasures seized and sold off by the communist regime following the Russian Revolution.<br />
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It was first sold at high-end Anglo-Russia antique dealers Wartski in London in 1929, where it was bought by a K.W Woollcombe-Boyce for only £75.<br />
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The ornate item, crafted from Jadeite, gold, rock crystal and mother of pearl, has remained in the family ever since and is now being sold by a direct descendant of Mr Woollcombe-Boyce.<br />
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Experts from the Cotswold Auction Company gave the small Russian antique a pre-sale estimate of only £100,000, but always anticipated it could go for much more than that.

BNPS.co.uk (01202 558833)
Pic: PhilYeomans/BNPS

Piers Critchlow from the Cotswold Auction Co carefully hold the Russian gem...

In from the cold - £500,000 Romanov treasure is hot property at Cotswold auction.

An exquisite Faberge antique believed to have been made for the Russian Royal family over 100 years ago sold yesterday for a whopping £500,000...over 5 times it's estimate.

The model of a sedan chair by the iconic...
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