Dr. Fanshawe ceased gazing at his boots. He looked up and spoke to a point somewhere above M.'s left shoulder. "Certainly. So does Mr. Snowman of Wart-ski's, the greatest Fabergé experts and dealers in the world. It is undoubtedly the missing masterpiece of which hitherto Carl Fabergé's sketch was the only record."

"What about the provenance? What do the experts say about that?"

"It stands up adequately. The greatest Fabergé pieces were nearly always privately commissioned. Miss Freudenstein says that her grandfather was a vastly rich man before the revolution—a porcelain manufacturer. Ninety-nine percent of all Fabergé's output has found its way abroad. There are only a few pieces left in the Kremlin—described simply as 'pre-revolutionary examples of Russian jewelry.' The official Soviet view has always been that they are merely capitalist baubles. Officially they despise them as they officially despise their superb collection of French Impressionists."

"So the Soviet still retain some examples of the work of this man Fabergé. Is it possible that this emerald affair could have lain secreted somewhere in the Kremlin through all these years?"

"Certainly. The Kremlin treasure is vast. No one knows what they keep hidden. They have only recently put on display what they have wanted to put on display."

M. drew on his pipe. His eyes through the smoke were bland, scarcely interested. "So that, in theory, there is no reason why this emerald ball should not have been unearthed from the Kremlin, furnished with a faked history to establish ownership, and transferred abroad as a reward to some friend of Russia for services rendered?"

"None at all. It would be an ingenious method of greatly rewarding the beneficiary without the danger of paying large sums into his, or her, bank account."

"But the final monetary reward would of course depend on the amount realized by the sale of the object—the auction price for instance?"

"Exactly."

"And what do you expect this object to fetch at Sotheby's?"

"Impossible to say. Wartski's will certainly bid very high. But of course they wouldn't be prepared to tell anyone just how high—either on their own account for stock, so to speak, or acting on behalf of a customer. Much would depend on how high they are forced up by an underbidder. Anyway, not less than £100,000 I'd say."

"Hm." M.'s mouth turned down at the corners. "Expensive hunk of jewelry."

Dr. Fanshawe was aghast at this barefaced revelation of M.'s philistinism. He actually looked M. straight in the face. "My dear sir," he expostulated, "do you consider the stolen Goya, sold at Sotheby's for £140,000, that went to the National Gallery, just an expensive hunk, as you put it, of canvas and paint?"

M. said placatingly, "Forgive me, Dr. Fanshawe. I expressed myself clumsily. I have never had the leisure to interest myself in works of art nor, on a naval officer's pay, the money to acquire any. I was just registering my dismay at the runaway prices being fetched at auction these days."

"You are entitled to your views, sir," said Dr. Fanshawe stuffily.

Bond thought it was time to rescue M. He also wanted to get Dr. Fanshawe out of the room so that they could get down to the professional aspects of this odd business. He got to his feet. He said to M., "Well, sir, I don't think there is anything else I need to know. No doubt this will turn out to be perfectly straightforward (like hell it would!) and just a matter of one of your staff turning out to be a very lucky woman. But it's very kind of Dr. Fanshawe to have gone to so much trouble." He turned to Dr. Fanshawe. "Would you care to have a staff car to take you wherever you're going?"

"No thank you, thank you very much. It will be pleasant to walk across the park."

Hands were shaken, good-byes said and Bond showed the doctor out. Bond came back into the room. M. had taken a bulky file, stamped with the top secret red star, out of a drawer and was already immersed in it. Bond took his seat again and waited. The room was silent save for the riffling of paper. This also stopped as M. extracted a foolscap sheet of blue cardboard used for Confidential Staff Records and carefully read through the forest of close type on both sides.

Finally he slipped it back in the file and looked up. "Yes," he said and the blue eyes were bright with interest. "It fits all right. The girl was born in Paris in 1935. Mother very active in the Resistance during the war. Helped run the Tulip Escape Route and got away with it. After the war, the girl went to the Sorbonne and then got a job in the Embassy, in the Naval Attaché's office, as an interpreter. You know the rest. She was compromised—some unattractive sexual business—by some of her mother's old Resistance friends who by then were working for the NKVD, and from then on she has been working under Control. She applied, no doubt on instruction, for British citizenship. Her clearance from the Embassy and her mother's Resistance record helped her to get that by 1959, and she was then recommended to us by the FO. But it was there that she made her big mistake. She asked for a year's leave before coming to us and was next reported by the Hutchinson network in the Leningrad espionage school. There she presumably received the usual training and we had to decide what to do about her. Section 100 thought up the Purple Cipher operation and you know the rest. She's been working for three years inside headquarters for the KGB and now she's getting her reward—this emerald ball thing worth £100,000. And that's interesting on two counts. First it means that the KGB is totally hooked on the Purple Cipher or they wouldn't be making this fantastic payment. That's good news. It means that we can hot up the material we're passing over—put across some Grade 3 deception material and perhaps even move up to Grade 2. Secondly, it explains something we've never been able to understand—that this girl hasn't hitherto received a single payment for her services. We were worried by that. She had an account at Glyn, Mills that only registered her monthly paycheck of around £50. And she's consistently lived within it. Now she's getting her payoff in one large lump sum via this bauble we've been learning about. All very satisfactory."

M. reached for the ashtray made out of a twelve-inch shell base and rapped out his pipe with the air of a man who has done a good afternoon's work.

Bond shifted in his chair. He badly needed a cigarette, but he wouldn't have dreamed of lighting one. He wanted one to help him focus his thoughts. He felt that there were some ragged edges to this problem—one particularly. He said, mildly, "Have we ever caught up with her local Control, sir? How does she get her instructions?"

"Doesn't need to," said M. impatiently, busying himself with his pipe. "Once she'd got hold of the Purple Cipher all she needed to do was hold down her job. Damn it man, she's pouring the stuff into their lap six times a day. What sort of instructions would they need to give her? I doubt if the KGB men in London even know of her existence—perhaps the Resident Director does, but as you know we don't even know who he is. Give my eyes to find out."

Bond suddenly had a flash of intuition. It was as if a camera had started grinding in his skull, grinding out a length of clear film. He said quietly, "It might be that this business at Sotheby's could show him to us—show us who he is."

"What the devil are you talking about, 007? Explain yourself."

"Well sir," Bond's voice was calm with certainty, "you remember what this Dr. Fanshawe said about an underbidder—someone to make these Wartski merchants go to their very top price. If the Russians don't seem to know or care very much about Fabergé, as Dr. Fanshawe says, they may have no very clear idea what this thing's really worth. The KGB wouldn't be likely to know about such things anyway. They may imagine it's only worth its break-up value—say ten or twenty thousand pounds for the emerald. That sort of sum would make more sense than the small fortune the girl's going to get if Dr. Fanshawe's right. Well, if the Resident Director is the only man who knows about this girl, he will be the only man who knows she's been paid. So he'll be the underbidder. He'll be sent to Sotheby's and told to push the sale through the roof. I'm certain of it. So we'll be able to identify him and we'll have enough on him to have him sent home. He just won't know what's hit him. Nor will the KGB. If I can go to the sale and bowl him out and we've got the place covered with cameras, and the auction records, we can get the FO to declare him persona non grata inside a week. And Resident Directors don't grow on trees. It may be months before the KGB can appoint a replacement."

M. said, thoughtfully, "Perhaps you've got something there." He swiveled his chair round and gazed out of the big window towards the jagged skyline of London. Finally he said, over his shoulder, "All right, 007. Go and see the Chief of Staff and set the machinery up. I'll square things with Five. It's their territory, but it's our bird. There won't be any trouble. But don't go and get carried away and bid for this bit of rubbish yourself. I haven't got the money to spare."

Bond said, "No sir." He got to his feet and went quickly out of the room. He thought he had been very clever and he wanted to see if he had. He didn't want M. to change his mind.

Wartski has a modest, ultra-modern frontage at 138 Regent Street. The window, with a restrained show of modern and antique jewelry, gave no hint that these were the greatest Fabergé-dealers in the world. The interior—gray carpet, walls paneled in sycamore, a few unpretentious vitrines—held none of the excitement of Cartier's, Boucheron or Van Cleef, but the group of famed Royal Warrants from Queen Mary, the Queen Mother, the Queen, King Paul of Greece and the unlikely King Frederick IX of Denmark, suggested that this was no ordinary jeweler.

James Bond asked for Mr. Kenneth Snowman. A good-looking, very well-dressed man of about 40 rose from a group of men sitting with their heads together at the back of the room and came forward.

Bond said quietly, "I'm from the C.I.D. Can we have a talk? Perhaps you'd like to check my credentials first. My name's James Bond. But you'll have to go direct to Sir Ronald Vallance or his P.A. I'm not directly on the strength at Scotland Yard. Sort of liaison job."

The intelligent, observant eyes didn't appear even to look him over. The man smiled. "Come on downstairs. Just having a talk with some American friends—sort of correspondents really. From 'Old Russia' on Fifth Avenue."

"I know the place," said Bond. "Full of rich-looking icons and so on. Not far from the Pierre."

"That's right." Mr. Snowman seemed even more reassured. He led the way down a narrow, thickly carpeted stairway into a large and glittering showroom which was obviously the real treasure house of the shop. Gold and diamonds and cut stones winked from lit cases round the walls.

"Have a seat. Cigarette?"

Bond took one of his own. "It's about this Fabergé that's coming up at Sotheby's tomorrow—this Emerald Sphere."

"Ah, yes." Mr. Snowman's clear brow furrowed anxiously. "No trouble about it I hope?"

"Not from your point of view. But we're very interested in the actual sale. We know about the owner, Miss Freudenstein. We think there may be an attempt to raise the bidding artificially. We're interested in the underbidder—assuming, that is, that your firm will be leading the field, so to speak."