A Faberge box found by an Auckland man in his mother's estate has sold at auction for $87,750.
The winning bid was $78,000 and the buyer's premium took the total price to $87,750, auctioneer Webb's said.
"We now have permission to reveal that the buyer of the Faberge box was Wartski of London, considered to be the foremost authority on Faberge," Webb's said.
The box had a sale estimate of $10,000 to $20,000 and bidding opened at $20,000. A bidder from New York competed in the auction.
The box is made from panels of lapis lazuli framed in yellow gold. It has a lid of engraved crystal bordered by seed pearls and a thumb-piece set with diamonds.
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