A Fabergé jewelled silver-gilt icon of the Mother of God Hodigitria, workmaster Karl Armfeldt, St Petersburg, 1904

the shaped rectangular frame cast and chased with stylised foliage and set with three cabochon sapphires, the icon set under mica, the reverse dated 24 April 1904, wood back, struck with workmaster's initials and  Fabergé in Cyrillic, scratched inventory number 12543, 88 standard, in orginal Fabergé fitted wood case with strut

Good condition overall. The wood back is detached. The mica has separated from the icon at the edges; this is visible in the catalogue photo. Minor time wear to wood case, including fraying and losses to silk hinge covers.
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue.
NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."

This object can be dated most precisely, not only by the inscribed date on the reverse of the icon itself, but by the combination of marks on the frame.  It is one of the earliest items produced by Armfeldt following his purchase of Victor Aarne's workshop in 1904.  It is struck with the assay master's mark of Yakov Lyapunov, whose death on 28 March 1904 and Alexander Romanov's appointment as director of the St Petersburg assay district on 1 April 1904 nearly coincided with the Aarne- Armfeldt takeover.  As Valentin Skurlov notes, "It would... be scarcely possible that artifacts of the master Armfeldt... to carry the stamp 'Ya.L.', Yakov Lyapunov" ("Russian Hallmarks at the Turn of the 19th Century," Fabergé: Imperial Craftsman and His World, ed. G. von Habsburg, London, 2000, pp. 405-5).  Objects thus marked are known to exist, the present lot being a rare example.