Purchased from Fabergé by Dowager Tsarina Maria Feodorovna on 7th August, 1900 for 97 roubles.
The collection of Princess Olga of Yugoslavia, née Princess Olga of Greece and Denmark, grandniece of the Dowager.
In addition to being the grandniece of the purchaser of the frame, Maria Feodorovna, Princess Olga was also the maternal great-granddaughter of Tsar Alexander II whose picture is in the frame. The Princess was a celebrated beauty and married H.R.H Prince Paul of Yugoslavia in Belgrade on 22nd October, 1923. Following the assassination of his cousin King Alexander I of Yugoslavia in 1934, Prince Paul became Regent of Yugoslavia and Princess Olga was titled Princess Paul of Yugoslavia. In 1945 the Yugoslav Royal Family were exiled and settled in South Africa.
Exhibited as number 36 in ‘The Last Flowering of Court Art: A Russian private collection of Fabergé,’ hosted by Wartski in 2010.