Faberge gold and enamel umbrella handle sells for £75,000 at auction

Elaborate gold and enamel umbrella handle made by iconic Russian jewellers Faberge sells for £75,000 at auction The stunning three-inch item was only expected to fetch £10,000 at auction But a private collector spent nearly eight times the estimate for the rare object It features several rose-cut diamonds, pearls and cabochon rubies

By Jack Newman For Mailonline

Published: 11:43 BST, 21 April 2019 | Updated: 11:43 BST, 21 April 2019

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An elaborate gold and enamel umbrella handle made by iconic Russian jewellers Faberge has sold for £75,000 at auction, nearly eight times its estimate.

The intricate parasol handle was made by one of Faberge's most important workmasters, Michael Perchin, and is set with diamonds and rubies.

It had an estimate of £10,000, but was bought for much more than was expected to a private collector in the room at Woolley & Wallis auctioneers in Salisbury.

An elaborate umbrella handle made by the iconic Russian jewellers Faberge has sold for £75,000 at auction

An elaborate umbrella handle made by the iconic Russian jewellers Faberge has sold for £75,000 at auction

The stunning piece was only expected to fetch £10,000 but a private collector smashed the estimate

The stunning piece was only expected to fetch £10,000 but a private collector smashed the estimate

Perchin became the leading workmaster in the House of Faberge in 1886 and remained so until his death in 1903.

During this time he made a number of important commissions, including some of the Imperial Easter eggs, and his time as head workmaster is generally considered to be

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