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Scrap metal find turns out to be
$33 million Faberge golden egg

CNN, by Susannah Cullinane

Original Article

Posted By:Hobbiest, 3/21/2014 9:38:59 AM

A $14,000 jumble sale find turned into millions of dollars for a man who´d been thwarted in his attempts to turn a quick profit by selling the tiny ornament to scrap metal dealers. The man, who hails from the Midwest but wishes to remain anonymous, had been left financially stretched after he apparently overestimated what the tiny golden egg would be worth once melted down. He´d been hoping to make $500. In a fit of desperation one night last year, he typed "egg" and the name engraved on the clock it contained -- "Vacheron Constantin" -- into Google.

Comments:
Keep picking! Two of the remaining seven lost Imperial Eggs are known to have survived the Russian Revolution.

      


Post Reply  

Reply 1 - Posted by: BigGeorgeTX, 3/21/2014 10:27:18 AM     (No. 9778311)

I guess there isn´t much sophistication in the scrap metal biz. All were just figuring it´s scrap value.

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Reply 2 - Posted by: Hobbiest, 3/21/2014 10:40:09 AM     (No. 9778340)

#2. There apparently wasn´t much at Sotheby´s back in the 1960s, either. A picture of this egg appeared in one of their auction catalogs from then, but the emphasis was on the watch and not the goldsmithing work on the egg. The 2011 discovery of this misidentification was the reason the owner was able to learn the true value from a Google search.

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Reply 3 - Posted by: ColonialAmerican1623, 3/22/2014 2:55:26 AM     (No. 9779385)

Good for him.

Seems strange he just whipped out $14k to make a little profit.

Waiting for somebody to come forward to claim it.



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Scrap metal find turns out to be
$33 million Faberge golden egg
CNN, by Susannah Cullinane    Original Article
Posted By: Hobbiest- 3/21/2014 9:38:59 AM     Post Reply
A $14,000 jumble sale find turned into millions of dollars for a man who´d been thwarted in his attempts to turn a quick profit by selling the tiny ornament to scrap metal dealers. The man, who hails from the Midwest but wishes to remain anonymous, had been left financially stretched after he apparently overestimated what the tiny golden egg would be worth once melted down. He´d been hoping to make $500. In a fit of desperation one night last year, he typed "egg" and the name engraved on the clock it contained -- "Vacheron Constantin" -- into Google.



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