You are bidding on a Russian Imperial SILVER Badge of the LAZAREV INSTITUTE OF or IENTAL LANGUAGES AT MOSCOW. BEAUTIFUL,high quality job COMPLEX, IMPERIAL RUSSIAN BADGE.
I BOUGHT SEVERAL RUSSIAN MEDALS and BADGES FROM THE ESTATE OF A collector.Silver, gilded, enamelled.Very collectable item.This badge has a very small issue. That badge was belonged to Anna Franzisca (see her Certificate of birth).
On auction Gelos in Moscow in 2007 (auction 39, lot 297) the same badge in VF condition (lost enamel) was estimated for $3500 and sold for $2000. On Winkler Auktionen in May 2008 the same badge was sold for 4500 EURO ($7000).
Estimate price: $6500 – $6800.