An excerpt from, "The Bolshevik sale of the Romanov jewels" By Paul Gilbert, October 9, 2020:
There is no greater example of such a large-scale criminal sale in history, than that of the jewels of the Russian Imperial Court – perhaps, the finest collection in the world. The Bolsheviks inherited an impressive legacy, and wasted little time in profiting from the sale of many pieces to eager buyers in the West during the 1920s.
. . .In 1932, the Romanov treasures bought by Armand Hammer could be purchased at American department stores. Later, he opened an antique shop, which sold Easter eggs that belonged to the empresses, icons in jewelled frames of Nicholas II and Alexandra Feodorovna, a Fabergé cigarette case commissioned by Maria Feodorovna, her notebook embossed with her monogram and an Imperial crown, among many other items.
Of the 773 items of the Diamond Fund, 569 were sold in the 1920s – 1930s. These Romanov treasures were stolen from the Russian Imperial Family by the Bolsheviks, and bought up by greedy, materialistic buyers in the West. It is hardly possible to find in history an example of such a large-scale and criminal sale.
Further reading: I highly recommend History’s Greatest Heist: The Looting of Russia by the Bolsheviks by Sean McMeekin. Published by Yale University Press in 2009.