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/ 29 November 2007

Tycoon says $18,5m Fabergé egg a bargain

A Russian businessman with a passion for Tsarist treasures said on Thursday he was behind the record purchase of a Fabergé egg in London for £9-million (,5-million), which he called inexpensive. Alexander Ivanov, who helped found Russia’s first private museum, bid in person at the tense Christie’s auction in London on Wednesday for the egg.