Miniature chair with £1m price tag

It stands two-and-a-quarter inches high, weighs one ounce and would look perfectly at home in a doll's house.

But while its dimensions are small, its price-tag is anything but.



Indeed, this miniature Faberge chair has fetched £1.14million at a Sotheby's auction in New York. That makes it worth more than 3,000 times its weight in gold.

An unnamed buyer secured the chair after a fierce battle between two phone bidders during a Russian art sale.