Cold War Russian spy camera-ring goes up for auction for $25,000

007 would be jealous! Unique solid gold spy camera ring used by Russian agents during the Cold War goes up for auction for $25,000

  • The rare 14 carat gold ring was used by the KGB in the Cold War era for spying
  • According to the auctioneer – it is believed to be one of only two in existence 
  • It was sold at Christie’s in 1991 to a famous Japanese collector for $25,000

A rare gold spy ring once used by KGB agents during the Cold War has gone on sale for £14,300 ($25,000)   

The amazing ring, believed to be one of only two of its kind in the world, houses a tiny hidden film camera within an ornate engraved 14 carat gold band.

Used by Russian spies, it is believed to have been owned since the early 1970s before being auctioned off at Christie’s in 1991 to famous Japanese jewellery collector called Mr Shibata for $25,000 (£14,300).

The unique piece of jewellery, which weighs 44g, is now on sale at Hit Camera Ltd in Ontario, Canada, and must be picked up in person by the future buyer due to its value.

The ring is incredibly rare as it’s believed to be one of only two of its kind in the entire world

The ring hides the camera lens with variable aperture and shutter inside a crown-shaped bezel

Seller Shelton Chen said: ‘Only a few of these cameras have ever been discovered, and every one has a slightly different design.

‘It is a true collector’s piece.

‘So far I have had many interested buyers, but they have all been low ball offers.

‘I am firm at my asking price of $25,000, or I will just keep it.

‘It is so unique, I don’t believe I will ever see another one any time soon.’

The ring fits a tiny camera, variable aperture and a guillotine shutter into a crown-shaped bezel.

The lens has no fungus, scratches or haze and the aperture still opens and closes smoothly.

It also comes with a film holder which fits a strip of 8mm camera film and 14 carat solid gold decorative cover. 

According to the auctioneers, the camera is in mint condition – with no marks on the lens and a working aperture

It also comes with a film holder which fits a strip of 8mm camera film and 14 carat solid gold decorative cover

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