Pre-1905 Rolls-Royce sets two new records

The beautiful ancient piece of work was built in 1904, car 20154. The small 10 horsepower open-topped two-seater was the fourth vehicle produced by the landmark cooperation between Charles Rolls and Henry Royce and the oldest one still running. As the world's oldest surviving Rolls-Royce, the car managed to sets two new records on Monday when a private British collector paid 3.5 million pounds ($7.22 million) for it at auction. This marks the oldie but goodie car as the most anyone has paid for a car dating back to pre-1905 and also the most anyone has paid for a Rolls-Royce.

"They opened the bidding at one million and it soared from there. In the end it came down to a battle between two telephone bidders," a spokeswoman for auction house Bonhams said. The previous records for a veteran car included the 1.76 million pounds paid for an 1884 De Dion Bouton and a Rolls-Royce for 1.48 million pounds paid for a 1912 Silver Ghost Double Pullman Limousine.

Faberge Egg fetches record breaking $18.5 mil at London auction

The exquisitely formed and first commissioned by Russian Czar Alexander III commissioned elaborate egg from craftsman Peter Carl Faberge as an Easter gift for his wife, Empress Maria Fedorovnahas has fetched the record breaking princely sum of $18.5 million at a London auction Wednesday. The rare enamel-and-gold Faberge egg had been a keepsake for the Rothschild banking family for more than a century. The Rothschild Faberge Egg is one of no more than 12 such pieces known to have been made to imperial standards for private clients, Christie's said.

The Faberge Egg which is a translucent pink egg topped with a diamond-studded cockerel is also now famous for breaking the previous record for a Faberge work of art, Christie's auction house said. The price also broke the record for Russian artwork, excluding paintings, easily beating the $9.6 million paid for a Faberge egg in New York in 2002, Christie's said.